Complicated security features on new Ghc5 note to avert counterfeiting

    /    Mar 7, 2017   /     Business, Economy  /    Comments are closed  /    293 Views

Governor of Bank of Ghana, Dr Abdul-Nashiru Issahaku says the bank intends using complicated security features to avert the currency from counterfeiting.

The assurance comes as the new 5 Ghana Cedi hits the market today after its unveiling last week.

The note was introduced as part of the Bank of Ghana’s 60th anniversary at a brief ceremony in Accra last Friday March 3.

The central bank’s Governor said the bank is relentlessly working to prevent any attempt to counterfeit the new note.

“Feiters are always out there trying to counterfeit our monies and that of other countries and we have to be on to the game to ensure that that doesn’t happen.

According to him, there are efforts “across all central banks to incorporate some of these modern security features in our notes so that we can avert any of those efforts to counterfeit our money”

He said the note has features that makes it ‘enduring’ notes.

He urged Ghanaians to handle the new 5 cedi note and all other notes with respect.

Meanwhile, a member of the Currency Department of the Central Bank, Mr. Dominic Owusu has stressed that the new 5 Ghana cedi note will be used alongside the current 5 cedi note.

Suraya Alidu Malititi |

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