Exchange Rates Announced

The Ghana Association of Bankers on Monday announced the following average inter bank exchange rates of the cedi equivalent to the dollar and derived rates for other major foreign currencies:

 Currency                  Buying         Selling 
 US Dollar                6,953.00       7,162.45 
 Pound Sterling          10,200.05      10,508.75  
 French Franc               987.97       1,017.40
 Swiss Franc              4,202.74       4,327.97
 Deutsche Mark            3,313.32       3,412.48
 Canadian Dollar          4,496.19       4,630.22
 Japanese Yen                57.76          59.47
 Dutch Guilder            2,940.77       3,028.37
 S/African Rand             896.07         920.69
 Euro                     6,480.75       6,673.92
 CFA Franc                    9.88          10.17
 Naira                       63.71          65.63
 Ecowas/WAUA              8,999.55      ---------