31
Mar
The Bank of Ghana (BoG) has debunked reports of issuing ¢500 coin, insisting it has no immediate plans of issuing higher denomination for circulation. There have been reports that the Bank is working to introduce the coins – samples of which have been circulated on social media platforms. Speaking to Joy Business, the Director for Currency Management at the BoG, Dominic Owusu said the reports are false. He pointed out that the BoG will always embark on an extensive public and media education before it introduces new notes or coins into circulation. “When there is a currency issuance or change,…