Exchange Rate

Accra, Aug. 7, GNA - The following are the average inter-bank exchange rate of the dollar and derived rates for the major currencies against the cedi as issued by the Ghana Association of Bankers on Tuesday, August 7, 2007.

Currency CEDI EQUIVALENT NEW GHANA CEDI EQUIVALENT ´

Buying Selling Buying Selling

U.S. Dollar 9,284.00 9,348.18 0.9284 0.9348

Pound Sterling 18,970.93 19,103.94 1.8971 1.9140

Swiss Franc 7,823.23 7,878.89 0.7823 0.7879

Canadian Dollar 8,806.89 8,863.29 0.8807 0.8863

Danish Kroner 1,724.08 1,735.84 0.1724 0.1736

Japanese Yen 78.99 79.39 0.0079 0.0079

Swedish Kroner 1,387.66 1,396.63 0.1388 0.1397

South African Rand 1,304.43 1,312.36 0.1304 0.1312

Euro 12,830.33 12,916.80 1.2830 1.2917

ECOWAS WAUA 13,039.40 1.3039

WEST AFRICAN CURRENCIES CURRENCY EQUIVALENT OF GHANA CEDI EQUIVALENT

CFA Franc 19.56 19.69 507.87 511.25

Naira 70.81 71.29 140.27 141.223