coins

  • Rejecting the 20-Pesewa Coin: How a Silent Culprit Fuels Inflation

    By Andy Sena AGBLEY & Walter Kwaku AWUAH Starting from late 2006, rumors began circulating regarding the gradual discontinuation of the 20-pesewa coin. In July 2007, under the leadership of Dr. Paul Amoafo Acquah, the Central Bank of Ghana implemented a significant monetary policy change with the redenomination of the cedi. The objective was…