The Bank of Ghana has dismissed reports that it has issued new 100 and 200 Ghana Cedis denominations.
It follows news making rounds suggesting the Central Bank has started issuing the new denominations.
“The Bank of Ghana has not issued and has no plans of issuing any new denominations of the Ghana Cedi and categorically states that the stories circulating on social media to the effect that the Bank is issuing denominations of GH¢100.00 and GH¢200.00 are false,” an official statement from the Central Bank said.
This is the second time in less than a year that the bank is reacting to such claims. A similar report making rounds with pictures of the supposed 100 and 200 denominations made rounds on social media in March last year.
“Please note that the Bank of Ghana always precedes issuance of new denominations with intensive sensitization and public education,” the statement added.