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Business News of Monday, 3 November 1997

Source: --

The Inter-bank Exchange Rates

Accra, (Greater Accra) 31 Oct.,

The following are the average inter-bank exchange rates for Friday, October 31, as issued by the Ghana Association of Bankers:

CEDI EQUIVALENT

Country Currency Buying Selling

France French Franc 383.13 389.13 Switzerland Swiss Franc 1,575.03 1,599.10 U.K. Pound Sterling 3,693.60 3,755.01 United States U.S. Dollar 2,213.73 2,249.18 Germany Deutsche Mark 1,283.21 1,304.09 Belgium Belgian Franc 62.24 63.15 Canada Canadian Dollar 1,574.69 1,598.76 Japan Japanese Yen 18.41 18.70 Holland Dutch Guilder 1,138.74 1,156.24 South Africa Rand 459.69 466.76 CFA Franc Zone CFA 3.83 3.89 Nigeria Naira 27.35 27.78