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Business News of Thursday, 9 October 1997

Source: --

The Inter-Bank Exchange Rates

Accra, (Greater Accra) 7 Oct.,

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

CEDI EQUIVALENT

Country Currency Buying Selling

France French Franc 373.74 380.13 Switzerland Swiss Franc 1,524.46 1,550.51 U.K. Pound Sterling 3,565.56 3,630.06 United States U.S. Dollar 2,205.18 2,243.55 Germany Deutsche Mark 1,256.27 1,278.55 Belgium Belgian Franc 60.88 61.92 Canada Canadian Dollar 1,606.76 1,633.62 Japan Japanese Yen 18.10 18.41 Holland Dutch Guilder 1,115.70 1,134.89 South Africa Rand 472.54 480.42 CFA Franc Zone CFA 3.74 3.80 Nigeria Naira 26.63 27.09