Tuesday, July 14, 2020

New Banknotes To Begin Circulation Today

Must Read

Justice Jaiteh’s Ruling on the Case of Yankuba Touray IN THE SUPERIOR COURTS OF THE GAMBIA

IN THE HIGH COURT OF THE GAMBIA Criminal Case No.: HC/365/19/CR/067/AO BETWEEN: THE STATE................................COMPLAINANT / RESPONDENT AND YANKUBA TOURAY..............ACCUSED PERSON / APPLICANT CASE CALLED ON...

Yank’s Touray Partially Succeeds in His Two Motions

By Yankuba Jallow Yankuba Touray’s lawyer, Abdoulie Sisoho succeeded in one of his motions while the other was refused by...

Statement Of Public Interest To Pay Tribute To The Frontline Workers In The Fight Against The Covid-19 Pandemic In The Gambia

Honourable Speaker, The Covid-19 disease entered the shores of the Gambia when the first confirmed positive case of infection was...

The Governor of the Central of the Gambia confirms circulation of the new banknotes into the economy to begin on August 6th 2019.

According to a press release from Statehouse on Monday 5th August 2019, the Governor of the Central Bank of The Gambia presented samples of the country’s new banknotes to President Adama Barrow at the State House.

Speaking to the State House media corps after the meeting with the president, the Governor of the Central Bank, Mr. Bakary Jammeh explained the structure through which the new notes will be released to the public.

“Issuing the money into the economy means it is done through the commercial banks who maintain deposits with us. As it is the Tobaski season, there is a high demand for cash. So, when banks come for their money at the Central Bank, we issue them with the new notes,” said Mr. Jammeh.

The President was informed that the Central Bank will maintain the old currencies in circulation side by side with the new notes until further notice.

- Advertisement -

In May 2019, the Central Bank of The Gambia unveiled a new family of notes, including the D200 denomination. All of the redesigned banknotes containing the image of ex-president Jammeh will be replaced.

Latest News

Justice Jaiteh’s Ruling on the Case of Yankuba Touray IN THE SUPERIOR COURTS OF THE GAMBIA

IN THE HIGH COURT OF THE GAMBIA Criminal Case No.: HC/365/19/CR/067/AO BETWEEN: THE STATE................................COMPLAINANT / RESPONDENT AND YANKUBA TOURAY..............ACCUSED PERSON / APPLICANT CASE CALLED ON...
- Advertisement -

Yank’s Touray Partially Succeeds in His Two Motions

By Yankuba Jallow Yankuba Touray’s lawyer, Abdoulie Sisoho succeeded in one of his motions while the other was refused by the High Court on Monday. Counsel...

Statement Of Public Interest To Pay Tribute To The Frontline Workers In The Fight Against The Covid-19 Pandemic In The Gambia

Honourable Speaker, The Covid-19 disease entered the shores of the Gambia when the first confirmed positive case of infection was registered at a health facility...

US says Gambia made significant progress in fiscal reform

The United States Embassy in Banjul on 15th June 2020 said The Gambia made significant progress in its continuing efforts at government fiscal reform. Below...

Lawmakers Consider Local Government (Amendment) Bill 2020

By: Kebba AF Touray The Committee of the Whole of the Legislature, in accordance with standing order 70-73 finally considered the Local Government (Amendment) Bill...
- Advertisement -

People Also Read This