BoG directs public to exchange damaged cedi notes at commercial banks

The high cost of printing lower banknote denominations and replacing abused currency drains state resources that could otherwise support national development.

Treating the local currency with dignity minimises unnecessary re-printing expenses, safeguarding the durability and integrity of the cedi as a national symbol.8, GNA – The Bank of Ghana (BoG) has directed members of the public to surrender all damaged and mutilated cedi notes to commercial banks for examination and replacement.