Business News of Friday, 12 April 2019Source: Graphic.com.ghRetired Deputy Governor backs plans to upgrade cedi notesThe upgraded cedi notes will be introduced on May 6A retired Deputy Governor of the Bank of Ghana (BoG), Mr Emmanuel Asiedu-Mante, has endorsed the central bank’s plans to introduce upgraded cedi notes on May 6, describing it as a necessary measure to help make it harder for persons and organisations to fake the currency. Consequently, he commended BoG for the planned introduction of upgraded cedi notes next month that will feature improved and additional security features. Printers of cedi notesMr Asiedu-Mante explained that currency printing was an expensive exercise carried out by specialised firms. In the case of Ghana, he said the cedi is printed by De La Rue, a security printing firm based in the United Kingdom. He, therefore, charged the general public to handle the cedi notes well to help prolong their existence.

Source: GhanaWeb April 12, 2019 14:37 UTC