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Upgraded Ghana Cedi note out today

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The upgraded Ghana Cedi note will be put out for business across the country today.

According to the Bank of Ghana, the new features of the note are meant to curtail counterfeiting and also introduce modern features in the currency to make them more secure and durable as well as machine readability of the currency.

Among the visible security features on the new currencies are a watermark, which has the image of Tetteh Quarshie with a cocoa pod in the plain start area of the banknote, security threat – which is a shiny broken line that runs through the banknote from top to bottom, colour changing spark live – which can be seen as a cowrie shell on the GHȻ10, a start on the GHȻ20 and a cocoa pod on the GHȻ50.

The banknotes which have seen an upgrade are the One, Five, Ten, Two and Fifty Cedi notes.

The currency department of the BoG, however, said the existing notes will  remain a legal tender and shall be accepted for all business transactions.

It said the upgraded notes will be of the same sizes and colours as the corresponding denominations of the existing ones.

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