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Business News of Wednesday, 21 April 1999

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Ghana Association of Bankers announces Exchange Rates

Accra (Greater Accra) 21 April 

Ghana Association of Bankers (GAB) on Tuesday April 20, announced the following average inter bank exchange rates of the cedi to the dollar and derived rates for other major foreign currencies.

 Currency Buying Selling (in cedis)

 US Dollar 2,415.36 2,445.18

Pound Sterling 3,898.39 3,947.74

Swiss Franc 1,609.58 1,627.87

Deutsche Mark 1,316.71 1,332.93

Canadian Dollar 1,626.29 1,644.76

Japanese Yen 20.47 20.71

Dutch Guilder 1,169.14 1,182.42

S/ African Rand 399.23 403.37

Euro 2,576.26 2,605.77

CFA Franc 3.93 3.97

Naira 28.21 28.56