Essays about: "currency re-denomination"
Found 1 essay containing the words currency re-denomination.
1. THE REDENOMINATIO OF THE GHANAIAN CURRENCY(2007)- A STUDY OF ITS IMPACT ON THE BUSINESS OF THE FINANCIAL INSTITUTIONS IN GHANAUniversity essay from Blekinge Tekniska Högskola/Sektionen för management
Abstract : Abstract The cedi is Ghana’s official currency which was introduced on July 19, 1965. The loss in the value of the cedi since its introduction cannot be overestimated. Owing to the low values of the notes and coins(due to persistent loss in value), huge quantities had to be printed and minted resulting in huge cost to the central bank. READ MORE