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low economyVERIFIED

Bank of Ghana working on new Currency Act to replace 1964 law, tackle counterfeiting

Verified: 2 outlets have reported this story since Nov 12, 2 of them from Ghana.

📍 Ghana, GH·🕐 1h ago·2 outlets

A new Currency Act to replace the 1964 law is in the works, with tougher counterfeit penalties and firmer backing against the abuse of the cedi.

How sure are we

✓ Verified · 2 outlets

Two or more outlets reported this story and its reliability score reached 65%, so WorldPulse marks it verified. That means more than one outlet says so, not that it is proven true.

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Who reported it

The story so far · 2 reports · ✓ Verified Nov 12, 9:28 PM UTC

2 outlets from Ghana, where the story is: 3News, MyJoyOnline · how we count

  1. Nov 12, 5:46 PM UTCFirst report
    BoG prepares new Currency Act to tackle cedi counterfeiting and abusemyjoyonline.com ↗
  2. Nov 12, 9:28 PM UTC+4 h· you’re reading this
    Bank of Ghana working on new Currency Act to replace 1964 law, tackle counterfeiting3news.com ↗
  3. Verified: a second independent outlet reported itNov 12, 9:28 PM UTC · +4 h
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Reliability
87%

Very high · How we score this

Risk Score
low risk