Printing cedi notes is an expensive venture for Ghana – BoG - News Summed Up

Printing cedi notes is an expensive venture for Ghana – BoG


Business News of Wednesday, 8 January 2020Source: www.ghanaweb.comPrinting cedi notes is an expensive venture for Ghana – BoGBank of GhanaHead of Currency Processing Operations at the Bank of Ghana, Dominic Owusu, has stated that the constant upgrade of security features on the Cedi is one major reason it cannot be printed by the Central Bank. He added, expenses involved in getting sophisticated machines with such security features are costly. “Printing of banknotes is not just printing on a piece of paper. Therefore, the printers also try to stay ahead of them always by upgrading their machines.” He stated. “If you buy these sophisticated printer machines, you should be ready for some of these important considerations.


Source: GhanaWeb January 08, 2020 13:52 UTC



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