Bank warns against using money notes in bouquets, gift hampers

The Bank of Ghana has warned the public against using local banknotes as bouquets and hampers when gifting people.

Banknotes folded into bouquets and hampers are common gifts during weddings, birthdays and other celebrations in the country.

But the practise is making it easier for banknotes to spoil or get defaced, said the director of currency department Dominic Owusu.

“Desist from such acts, it is not in line with the policy, so you must stop it. If you want to give a present, go and buy gifts," Mr Owusu said on Thursday.

He said spoilt and worn-out notes are replaced at a high cost that is affecting operations of the central bank.

The bank official also urged the public to preserve the local currency as a symbol of the country.

Meanwhile, Mr Owusu denied reports that the Bank of Ghana was issuing a 500 cedi coins.

Source: BBC