The Bank of Ghana is planning to redenominate the current cedi by setting ten thousand cedis to one new Ghana Cedi (GH¢), which will be equivalent to one hundred Ghana Pesewas (Gp). That is ¢I0,000=GH¢1=100Gp. New notes and coins will be issued to replace the existing notes and coins over a period of at least 6 months. read more... |