The cost of issuing currencies decreased dramatically – BoG

The Bank of Ghana’s (BoG) currency issuance costs decreased dramatically, from more than GH¢1 billion in 2024 to GH¢471 million.

The central bank’s 2025 financials support such.

According to the research, the cost of minting coins and printing new notes dropped from GH¢986 million in 2024 to GH¢277 million in 2025.

Conversely, agency fees increased to 10.6 million cedis.

In contrast, GH¢183 million was spent on other currencies in 2025, up from 14.6 million in 2024.

The last year’s foreign exchange import costs increased from GH¢14.4 million in 2024 to GH¢16.5 million.

In the meantime, from GH¢71.6 billion in 2024 to GH¢83.8 billion last year, the overall amount of money in circulation climbed slightly.

Source: newsthemegh.com