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View Full Version : Ghana Cedi Weakens as Company Demands Dollars for Loan Repayment - Bloomberg



NewsWhore
02-18-2011, 11:00 AM
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Ghana Cedi Weakens as Company Demands Dollars for Loan Repayment (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHGFIQGJjyiwrBCreQzoYvo4Q8_Dw&url=http://www.bloomberg.com/news/2011-02-18/ghana-cedi-weakens-as-company-demands-dollars-for-loan-repayment.html)
Bloomberg
Ghana&#39;s currency, the cedi, depreciated against the US dollar as a company in the petroleum industry sold the local currency to repay a greenback- denominated loan. The cedi traded at 1.5 per dollar as of ...

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