Inter-Bank Exchange Rate of the Cedi

Accra, March 24, GNA- The following are the average inter-bank exchange rates of major currencies against the cedi issued by the Ghana Association of Bankers on Wednesday, March 24, 2004.

Currency Buying Selling

U.S. Dollar 8,852.82 9,046.00

Pound Sterling 16,336.99 16,697.11

Swiss Franc 7,008.28 7,154.78

Canadian Dollar 6,647.27 6,786.61

Danish Kroner 1,461.02 1,492.51

Japanese Yen 83.03 84.81

South African Rand 1,356.88 1,379.54

Euro 10,881.90 11,118.06

CFA Franc 16.59 16.95

Naira 65.70 67.13

ECOWAS WAUA 13,434.37