Ghanaians advised to handle new currency with care

Kumawu (Ash), April 5, GNA - Ghanaians have been advised not to rush to change their old currencies for new ones when the re-denomination exercise takes off in July.

Mr Emmanuel Aboagye-Okyere, Sekyere East District Director of the National Commission for Civic Education (NCCE), gave the advice at a sensitisation programme at Bodomase near Kumawu on Tuesday.


The programme organized jointly by the NCCE and the Bank of Ghana (BoG) was aimed at educating the public on the transitional process of the re-denomination of the new currency.


He said the exercise was neither a devaluation nor revaluation of the cedis.

Mr Aboagye-Okyere emphasized that the change would reduce inflation and the problem of carrying large quantities of the cedi notes to and from the banks for easy transactions.


He admonished the citizenry to respect the currency by not soiling or defacing it and urged traders, mechanics and workers to cultivate the habit to save with the banks. Other communities toured to educate the people on the re-denomination included Apemso, Asokore, Drobonso, Sekyere, Woraso and Senchi.