Bank of Ghana Archives - Green Views Residential Project

Bank of Ghana to replace GH¢1 and GH¢2 notes with coins

by GreenViews | Oct 19, 2021 | Economy

Governor of the central bank, Dr. Ernest Addison, has said that very soon the Bank of Ghana will phase out the country’s two smaller currency denominations, the GH¢1 and GH¢2 bills, and encourage the use of coins in order to reduce the cost of printing. The GH¢2 note,...

Bank of Ghana to pilot e-Cedi soon

by GreenViews | Aug 27, 2021 | Economy

The Bank of Ghana has partnered with Giesecke+Devrient (G+D) to pilot a general purpose Central Bank Digital Currency (retail CBDC) in Ghana, West Africa. G+D is providing the technology and developing the solution adapted to Ghana’s requirements, which will be tested...

Bank of Ghana to stabilize cedi by pumping US$775m into economy

by GreenViews | May 25, 2021 | Economy

The Ghana cedi has been one of the currencies on the continent that usually sees a depreciation against the dollar and other trading currencies. However, the country’s central bank has stepped in with proactive measures to stabilize the currency to help businesses. ...

Ghana’s inflation comes back to single-digit

by GreenViews | Jan 26, 2021 | Economy

After shooting into the double digits space in April, inflation rate has return to its single-digits figures as data from the Ghana Statistical Service indicate the general price levels of goods and services for November 2020 increased by the rate of 9.8 percent,...

How to detect fake currency in Ghana

by GreenViews | Dec 30, 2020 | Ghana

Many of us at one time in our lives encountered a fake currency note either showed to us by a friend, a colleague or from a business transaction. The News features a lot of counterfeit note producer arrests almost every year. Counterfeiting is a worldwide problem and...