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Business News of Tuesday, 23 September 1997

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The Inter-bank Exchange Rates

Accra, (Greater Accra) 22 Sept.,

The following are the average inter-bank exchange rates for Monday, September 22, as issued by the Ghana Association of Bankers:

CEDI EQUIVALENT Country Currency Buying Selling

France French Franc 365.95 371.36 Switzerland Swiss Franc 1,491.95 1,514.06 U.K. Pound Sterling 3,511.59 3,566.98 United States U.S. Dollar 2,189.00 2,222.00 Germany Deutsche Mark 1,228.30 1,247.24 Belgium Belgian Franc 59.56 60.44 Canada Canadian Dollar 1,575.27 1,598.54 Japan Japanese Yen 17.81 18.08 Holland Dutch Guilder 1,091.00 1,107.21 South Africa Rand 467.15 473.92 CFA Franc Zone CFA 3.66 3.71 Nigeria Naira 26.63 27.03