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View Full Version : Ghana's Cedi Heads Toward Its Record Low as Banks Seek Dollars - Bloomberg



NewsWhore
06-12-2012, 10:30 AM
Ghana's Cedi Heads Toward Its Record Low as Banks Seek Dollars (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHF3BABFvCjWYJz4kft41L3DCh8jg&url=http://www.bloomberg.com/news/2012-06-12/ghana-s-cedi-heads-toward-its-record-low-as-banks-seek-dollars.html)
Bloomberg
The currency of the world's second-biggest cocoa producer depreciated by 1.1 percent to 1.9225 per dollar as of 12:35 pm in Accra, the lowest on a closing basis since June 1993 when Bloomberg began compiling the data. “Banks constitute about 98 percent ...

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