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ETC/USD   $ 18.36

NMR/USD   $ 13.50

BAL/USD   $ 5.42

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UNI/USD   $ 5.15

ATOM/USD   $ 10.78

UMA/USD   $ 2.12

SNX/USD   $ 2.18

SUSHI/USD   $ 0.8944

BAND/USD   $ 1.47

EOS/USD   $ 0.8928

OMG/USD   $ 0.8033

RLC/USD   $ 1.56

MIR/USD   $ 0.05600

BNT/USD   $ 0.4149

XTZ/USD   $ 0.8899

CGLD/USD   $ 1.74

1INCH/USD   $ 0.4109

CRV/USD   $ 0.8177

KNC/USD   $ 0.6039

ENJ/USD   $ 0.3523

MATIC/USD   $ 0.8601

STORJ/USD   $ 0.3080

ZRX/USD   $ 0.2240

ALGO/USD   $ 0.1679

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OGN/USD   $ 0.09479

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DAI/USD   $ 1.00

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NU/USD   $ 0.1500

GNT/USD   $ 0.00000001

DNT/USD   $ 0.02720

ANKR/USD   $ 0.02588

LOOM/USD   $ 0.05156

AMP/USD   $ 0.002960

MANY/USD   $ 0.3509

WTK/USD   $ 0.02170

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DEFT/USD   $ 0.00002080

ISA/USD   $ 0.0001070

RULER/USD   $ 0.006669

SPORE/USD   $ 0.9137

DEFLCT/USD   $ 0.7343

HVE/USD   $ 0.0004395

JCB/USD   $ 0.00004900

FWC/USD   $ 0.00000000008000

FDC/USD   $ 0.00000021

YETI/USD   $ 0.003856

SMR/USD   $ 0.06492

Ghana’s first digital currency ready for piloting in September – BoG

  • News
  • Ghana’s first digital currency ready for piloting in September – BoG

myjoyonline   12 Jul, 2021   myjoyonline.com   Views: 364

The Bank of Ghana is ready to begin the pilot phase for the first digital currency known as the ‘e-cedi’ by September this year.

Also known as the Central Bank Digital Currency, it is expected to operate in a sandbox in the interim before introducing to the general public as legal tender for financial transactions.

First Deputy Governor of the Bank of Ghana, Dr. Maxwell Opoku Afari told Journalists that this new currency will help shape the use of other digital currencies like the cryptocurrency.

Speaking to some selected members of the Journalists for Business Advocacy at a capacity building program on monetary policy, he said “it is cash on its own which means it will not be backed by any money but just like the normal paper cash”.

The First Deputy Governor also disclosed to the group that the Ghana’s response to the COVID-19 pandemic has been decisive and broad based, with both the fiscal and monetary authorities implementing complementary measures to tackle the effects of the pandemic.

“The response was in many respects, similar to the policies implemented elsewhere in the world.”

“Government in particular, adopted a ‘whatever it takes” stance to minimize the impact of the pandemic, culminating in some ¢21 billion Covid-19-related expenditure in 2020” he said.

The theme for the programme was “Understanding monetary policy in post pandemic era”.

President of the Journalists for Business Advocacy, Suleiman Mustapha sought for more collaboration between Journalists and the Bank of Ghana in disseminating policy issues to the general public in simple terms that are easily understandable.

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