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September 5, 2026
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Money bouquets, spraying and dancing on cash unlawful – BoG warns
Money
Policy
Key Points
- The Bank of Ghana (BoG) has issued a warning against the improper use and handling of Ghana cedi notes and coins.
- Offenders engaging in practices like spraying, defacing, or using currency for decorative items (e.g., money bouquets) face arrest, prosecution, fines, or imprisonment.
- The BoG highlighted that such actions compromise the quality, functionality, and dignity of the national currency, which is costly to produce and maintain.
- Prohibited activities also include tearing, crumpling, staining, writing on, cutting, or using images of currency without authorization.
- The BoG is collaborating with law enforcement to intensify monitoring and action against violations, urging public responsibility and reporting of infractions.
Why This Matters
This matters for Ghana as the improper handling and defacing of the cedi undermines its integrity, functionality, and the significant resources spent on its production and maintenance. The BoG's enforcement drive aims to preserve national assets and uphold the dignity of the country's legal tender, impacting public behavior and economic stability.
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