Thursday, April 25, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

Gambia releases new banknotes without Jammeh’s features

Gambia releases new banknotes without Jammeh’s features
August 08
09:59 2019

The central bank of The Gambia has released new banknotes without the features of  Yahya Jammeh, the country’s former ruler who is now in exile in Equatorial Guinea.

The new Gambian dalasi notes were presented by Bakary Jammeh, chairman of the country’s apex bank, to President Adama Barrow. 

The new notes now bear features considered to represent the country; species of different birds and historical sites.

The denominations that have since been released through commercial banks include 5, 10, 20, 50, 100 and 200 dalasi. 

Advertisement

The apex bank had in 2018 said it was phasing out all copies of the dalasi which had Jammeh on them. 

“The currencies that has his heads on were printed in 2015 and if you check currencies in circulation from 2014 to 2015, there are those that do not have his head. So we can print those 2014 ones on which he does not have his head and get delivery in February (2018),” the bank chief had said.

“So Jammeh’s face is gradually phasing out because notes that come in here do not go out again. And the new stock we will print will take us the whole of 2018 without his head.”

Advertisement

“Then we can have time to redesign the entire currency with new security features.”

Jammeh, who held the country for two decades as a dictator, lost to Barrow in the 2016 presidential election.

A commission of enquiry is currently probing Jammeh’s years as ruler of the country. 

 

Advertisement

Click on the link below to join TheCable Channel on WhatsApp for your Breaking News, Business Analysis, Politics, Fact Check, Sports and Entertainment News!

Tags

0 Comments

No Comments Yet!

There are no comments at the moment, do you want to add one?

Write a comment

Write a Comment

error: Content is protected from copying.