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Business News of Monday, 18 January 1999

Source: --

Ghana Association of Bankers announces Exchange Rates

Accra (Greater Accra) 18 Jan. '99

The following are the average inter bank exchange rates of the cedi to the dollar and others derived for other currencies as against the major foreign currencies for today Monday, January 18, as announced by the Ghana Association of Bankers(GAB).

US Dollar 2,336.55 2,370.18

Pound Sterling 3,836.49 3,920.28

French Franc 412.69 418.42

Swiss Franc 1,694.36 1,717.09

Deutsche Mark 1,383.82 1,403.66

Canadian Dollar 1,533.25 1,553.94

Japanese Yen 20.46 20.75

Dutch Guilder 1,228.41 1,245.48

S/African Rand 389.26 393.55

Euro 2,708.18 2,745.10

CFA Franc 4.13 4.18

Naira 27.92 28.32







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