Ghanaian Cedi

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Related to cedi: pesewa, CDI, SEDI

Ghanaian Cedi

The currency of Ghana. The first cedi was issued in 1965 and was pegged to the British pound. Two years later, the second cedi was issued with a different peg. It briefly floated in the late 1970s but was subject to high inflation. To counteract the inflation, the third cedi was issued in 2007, after which inflation eased significantly.
References in periodicals archive ?
En relacion con la metodologia, Wen, Graves y Ren (2012) resaltan que escoger el tamano correcto para los empaques secundarios en la distribucion ha sido un modelo apenas tratado desde el ano 2002, pero centrado solo en el transporte desde los CeDi hacia los clientes y no desde las plantas de produccion.
Capital has fled, and the near 30 percent drop in the value of the cedi relative to the dollar this year has shaken the faith of even the most dedicated Ghanaian business leaders.
The combination of GNDI and BEST results in the Central European Drought Index (CEDI).
Michael Ikpoki, managing director of MTN Ghana , said that about 16 local banks, led by Stanbic Bank Ghana, would provide 410 million cedis ($215.8 million), in addition to $60 million from four foreign banks, the report added.
They are followed by three CEDI units assembled in a parallel flow configuration to remove smaller amounts of salt.
A second, 300-million cedi bond sold in March was also oversubscribed, while 87 percent of the 250 million cedis of three-year securities offered at a June 3 sale were sold.
The drive is part of the Community Economic Development Initiative (CEDI) running in Annfield Plain and New Kyo which was inspired by both the Annfield Plain Partnership and the New Kyo and Oxhill Partnership.
The Shotton Colliery Community Economic Development Initiative (CEDI) will work with local people, employers and community groups to help deliver increased economic activity.
The fund, with a target of 10bn Ghanaian Cedi (about pounds 50,000), will help support these families.
Consumers and businesses alike in Ghana are struggling with a change in the denomination of country's currency-the cedi, symbol GHC-scheduled to take effect in July 2007.