Professor Eddie Obeng says Ghana’s new GH¢50 note shows his mother, Dr Letitia Obeng, instead of aunt Theodosia Okoh, raising questions over the Heritage Series.
Mahama said old Ghana cedi notes would remain in use alongside the new Heritage Ghana Series as banks gradually withdraw them during a phased transition plan.
The Russian ruble slid past 100 against the dollar Monday, its lowest level since March 23, 2022 -- weeks after Moscow unleashed full-scale hostilities in Ukraine. Data from the Moscow Exchange showed the ruble trading at 101.01 to the dollar at 11:33 am (0833 GMT), while against the euro it tumbled to a near 17-month low of 110.73.
Shares in Chinese property giant Country Garden plunged on Monday after it missed bond payments and warned of multibillion-dollar losses, deepening concerns over the nation's heavily indebted real estate sector. Like heavily indebted competitor Evergrande, any collapse of Country Garden would have catastrophic repercussions for the Chinese financial system and economy.
Asian markets posted sharp losses in early Monday trade, after falls in US tech stocks and as concerns over China's property sector weigh on sentiment.
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