Business

Heritage Cedis designed to combat counterfeiting – BoG Governor

The Governor of the  Bank of Ghana, Dr Johnson Asiama, has announced that the new Heritage Cedis feature enhanced security measures to strengthen protection against counterfeiting and make it easier for the public to identify genuine banknotes.

Speaking at the launch of the Heritage Series on Thursday, November 26, Dr Asiama said the improvements were designed to protect the integrity of the national currency and sustain public confidence in the cedi.

He explained that the new banknotes had also been designed with improved durability to withstand Ghana’s climatic conditions and frequent handling, a feature expected to extend their lifespan in circulation.

The notes have also been produced in smaller, more portable sizes to make them easier to handle and carry during everyday transactions.
“The Heritage Series incorporates enhanced security features, and this is to strengthen protection against counterfeiting and to help the public identify genuine banknotes more easily,” he said.

Dr Asiama described the new series as part of the Bank of Ghana’s ongoing efforts to modernise currency management while preserving the cedi’s identity as a symbol of Ghana’s sovereignty.

He added that the changes reflect the need for physical currency to evolve in response to how people live, work and conduct business.

 

Show More

Related Articles

Back to top button