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,...
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...
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. ...
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,...
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...