cedi

Noun

Meaning

the basic unit of money in Ghana

Synonyms

Hypernyms

Anagrams

Examples

According to him, the country’s businesspeople currently are not importing so that has taken pressure from the cedi hence the reason why the currency is doing well on the world market. Source: Internet

At the same time, the local currency the cedi has lost marginal grounds against the US dollar. Source: Internet

Meanwhile, at the end of the third quarter of 2019, the cedi had depreciated by 13 percent against the US dollar. Source: Internet

Mr. Benjamin Tetteh, resident, told the GNA that, the yellow rubber jug popularly called ‘Kufour gallon’ of water cost between One cedi twenty pesewas and One cedi fifty pesewas. Source: Internet

The cedi experienced some sharp decline in value early last year (February 2019) after some foreign investors liquidated their investments in government bonds. Source: Internet

He said the current appreciation of the cedi in the first month of this year had to do with some monetary intervention by the Bank of Ghana and improved supply of dollars in the economy. Source: Internet

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