cedi cedi

Definition(s):

  • (n) the basic unit of money in Ghana

Usage(s):

  • In return, the IMF is likely to demand a devaluation of the cedi, Ghana's grossly overvalued currency, along with other stringent austerity measures.

News

Quotes

  • "I am glad to say that we quickly halted the rapid depreciation of the cedi and by the middle of 2009, it had begun to appreciate against almost all the major currencies of the world. Today, we have a stable currency as well as other indicators...
    on Feb 25, 2010 By: John Evans Atta Mills Source: Reuters South Africa

Word of the Day
forsake forsake
/fɔr ˈseɪk /