Examples of Ghanaian Cedi in a sentence
The Company’s wholly‐owned subsidiary AMI Africa Ghana Exploration Ltd’s functional currency is the Ghanaian Cedi.
The Ghanaian Cedi vis-à-vis the U.S. Dollar depreciated by31.3 percent in 2014 and by another 15.7 percent in 2015.
The Company’s reporting currency is the Canadian dollar while it conducts a part of its business in US dollars and Ghanaian Cedi.
The exchange rate indicates how the Ghanaian Cedi (GH¢) is performing against other world major currencies.
The Company is exposed to foreign exchange risk from fluctuation in CAD to US dollars and Ghanaian Cedi.
The Ghanaian Cedi experienced very steep fluctuations against the Pound and Dollar until mid-2009 when IMF and World Bank came to the rescue.
Also, it will inform them on whether a devaluation of the Ghanaian Cedi will help Ghana’s trade position or not.
The Company’s reporting currency is the Canadian dollar while it conducts a major part of its business in US dollars and Ghanaian Cedi.
Any assets or liabilities initially expressed in terms of currencies other than the Ghanaian Cedi are translated into Cedis on the day of the valuation at the prevailing market rates using the U.S. Dollar as a cross currency for translation purposes.
This depreciation in Kenya Shilling was lower than the depreciation in Ghanaian Cedi, Rwanda Franc, Botswana pula, Nigerian Naira, Mauritius Rupee, South African Rand and Namibian DollarInterest RatesShort-term interest rates remained fairly low and stable.