The Bank of Ghana has issued a warning to the populace to cease giving people cedi currency bouquets and gifts.
According to the statement, the money was created to be used as a form of payment for the purchase of goods and services.
Dominic Owusu, the director of the central bank’s currency division, informed journalists today (March 30, 2023) that any additional uses of the currency were prohibited and would result in legal action.
The trend of utilizing cedi notes as bouquets and gift baskets for weddings, birthdays, and other events, he claimed the bank had discovered, must be halted.
Besides being wrong, he claimed that such behavior made it simpler for the notes to deteriorate or be altered.
He claimed that such actions have an impact on the central bank’s operations, since damaged and worn-out notes must be replaced at a cost.
As part of the celebrations for Ghana Month in March, Mr. Owusu was addressing journalists about ways to safeguard the currency.
According to him, the local currency is a powerful representation of the nation, and everyone should prioritize efforts to maintain its high standards and cleanliness.
Source:Mybrytfmonline.com/Joseph Asare
