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Dominic Owusu

Dominic Owusu

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Dominic Owusu is the Assistant Director at the Bank of Ghana's Currency Management Department. In this role, Owusu oversees the management and distribution of Ghana's currency, the cedi. He has emphasized the importance of proper handling and care of the currency to maintain its integrity, confidence, and trust.Owusu has urged the public to use wallets and purses to keep banknotes neat, avoid mutilating them, and send torn or unfit notes to banks for replacement. He has also warned against rejecting smaller denominations like the 1 and 5 pesewas, as they remain legal tender. Additionally, Owusu has discussed the Bank of Ghana's Currency Note Processing (CNP) program, which aims to withdraw unfit currency from circulation and combat counterfeiting. He noted that Ghana's counterfeit rate is low compared to international standards.