New GHc5 note becomes legal tomorrow

The Bank of Ghana (BoG) has outdoored a commemorative GHc 5 bank note to celebrate its 60th anniversary, which coincides with Ghana’s 60th anniversary. The note, which comes with a new pulsating shine when tilted, has already been distributed across the country and will be circulated by next week Tuesday, March 7, 2017.  Speaking during the outdooring ceremony in Accra to explain the features of the new note, a member of the Currency Department of the Bank of Ghana, Mr. Dominic Owusu, stated that the currency will be used alongside the old GHc 5 note until they old notes phase out. The BoG has said the decision to issue the new note is to climax the celebration of the central bank’s 60th anniversary which will take place in August 2017.  This is first time a new denomination will be issued under the tenure of the BoG governor, Dr. Abdul Nashiru Issahaku. The new note features the image of James Kwegyir Aggrey, a missionary and teacher in the Gold Coast who lived from October 18, 1875 to July 30, 1927.

Source: citifmonline