cedi
- n the basic unit of money in Ghana
- In return, the IMF is likely to demand a devaluation of the cedi, Ghana's grossly overvalued currency, along with other stringent austerity measures.
cedi :
Search Words
News & Articles
- Ghana’s Cedi Weakens to Record as Gold Prices Wane: Accra Mover
Ghana’s cedi weakened to the lowest on record as falling gold prices reduced dollar supplies from miners and the central bank didn’t provide enough foreign currency to meet local demand.
June 11, 2013 - Bloomberg
Quotes
- Hillary Rodham Clinton in Daily Times
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... John Evans Atta Mills http://www.google.com/url?q=http://en.wikipedia.org/wiki/John_Atta-Mills&source=dictionary&usg=AFQjCNGlc6-Qp2VurqsZYZ5tZSQzVJZx-g Reuters South Africa http://www.google.com/url?q=http://af.reuters.com/article/topNews/idAFJOE61O0DH20100225&source=dictionary&usg=AFQjCNEICATrowwo2_iYIfz40Xz7f8RFgw Feb 25, 2010 16018 22239 ceding Pakistanis need to speak out forcefully against a policy that is ceding more and more territory to the [Taliban]," Clinton said, underscoring "the seriousness of the existential threat posed to the state of Pakistan by the continuing...