Central Banking

Central bank of Gambia to introduce new bank notes

GAMBIA - The Central Bank of The Gambia (CBG) is to discontinue the practice of exchanging bank notes that are fit for reissue for new uncirculated bank notes to members of the public effective 15 April.

Sources said that from that date, new banknotes would only be issued through wholesale distributors of banknotes such as commercial banks and government cashiers.

A press release from the bank stated that the operational change was being made to enable the CBG improve its strategic planning for