{"id":164334,"date":"2024-03-22T07:50:35","date_gmt":"2024-03-22T07:50:35","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/03\/22\/bog-nears-zero-counterfeit-with-clean-note-policy\/"},"modified":"2024-03-22T07:50:35","modified_gmt":"2024-03-22T07:50:35","slug":"bog-nears-zero-counterfeit-with-clean-note-policy","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/03\/22\/bog-nears-zero-counterfeit-with-clean-note-policy\/","title":{"rendered":"BoG nears zero counterfeit with clean note policy"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The Bank of Ghana has reiterated its commitment to combating the circulation of counterfeit currency. The Central Bank emphasizes its progress toward achieving a zero-counterfeit regime.<\/p>\n<p>Counterfeiting and possession of counterfeit banknotes are punishable by law.<\/p>\n<p>During a press conference held during a tour of the currency processing centre as part of Ghana Heritage Month, the Head of Currency Management Department, Dominic Owusu, encouraged the public to be mindful of the banknotes\u2019 features to help achieve zero-counterfeit targets.<\/p>\n<p>\u201cIn Ghana, counterfeit has never become a problem. The international threshold is 100 pieces per million banknotes, and we are far below that, as we are around 7 banknotes per million,\u201d he disclosed.<\/p>\n<p>\u201cDespite that, what we want to encourage the public to be aware of the security features on these notes,\u201d he added.<\/p>\n<p>Dominic Owusu further urged handlers of banknotes to be more prudent in their transactions to preserve the integrity and trust of the cedi.<\/p>\n<p>\u201cThe fact is that, for every country, the banknote becomes the business card of the citizens. The image of the country rests on the quality of the banknotes in circulation,\u201d he stressed.<\/p>\n<p>He explained that a well-handled currency not only reflects national pride but also serves as a tourism driver for the country.<\/p>\n<p>\u201cAnd one interesting thing is that clean banknotes also promote tourism,\u201d he added.<\/p>\n<p>\u00a0<\/p>\n<hr\/>\n<p><em><strong>Explore the world of impactful news with CitiNewsroom on WhatsApp!<\/strong><\/em><\/p>\n<p><em><strong>Click on the link to join the Citi Newsroom channel for curated, meaningful stories tailored just for YOU: https:\/\/whatsapp.com\/channel\/0029VaCYzPRAYlUPudDDe53x<\/strong><\/em><\/p>\n<p><em><strong>No spams, just the stories that truly matter! #StayInformed #CitiNewsroom #CNRDigital<\/strong><\/em><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Bank of Ghana has reiterated its commitment to combating the circulation of counterfeit currency. The Central Bank emphasizes its progress toward achieving a zero-counterfeit regime. Counterfeiting and possession of counterfeit banknotes are punishable by law. During a press conference held during a tour of the currency processing centre as part of Ghana Heritage Month, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":164335,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-164334","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BoG nears zero counterfeit with clean note policy - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/03\/22\/bog-nears-zero-counterfeit-with-clean-note-policy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BoG nears zero counterfeit with clean note policy - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"The Bank of Ghana has reiterated its commitment to combating the circulation of counterfeit currency. The Central Bank emphasizes its progress toward achieving a zero-counterfeit regime. Counterfeiting and possession of counterfeit banknotes are punishable by law. During a press conference held during a tour of the currency processing centre as part of Ghana Heritage Month, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ghanamma.com\/2024\/03\/22\/bog-nears-zero-counterfeit-with-clean-note-policy\/\" \/>\n<meta property=\"og:site_name\" content=\"Ghanamma.com\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-22T07:50:35+00:00\" \/>\n<meta name=\"author\" content=\"Ghana News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ghana News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/03\\\/22\\\/bog-nears-zero-counterfeit-with-clean-note-policy\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/03\\\/22\\\/bog-nears-zero-counterfeit-with-clean-note-policy\\\/\"},\"author\":{\"name\":\"Ghana News\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"headline\":\"BoG nears zero counterfeit with clean note policy\",\"datePublished\":\"2024-03-22T07:50:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/03\\\/22\\\/bog-nears-zero-counterfeit-with-clean-note-policy\\\/\"},\"wordCount\":272,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/03\\\/22\\\/bog-nears-zero-counterfeit-with-clean-note-policy\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"articleSection\":[\"Local News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/03\\\/22\\\/bog-nears-zero-counterfeit-with-clean-note-policy\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/03\\\/22\\\/bog-nears-zero-counterfeit-with-clean-note-policy\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/03\\\/22\\\/bog-nears-zero-counterfeit-with-clean-note-policy\\\/\",\"name\":\"BoG nears zero counterfeit with clean note policy - 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