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Business News of Thursday, 13 November 1997

Source: --

The Inter-Bank Exchange

Accra, (Greater Accra) 12 Nov.,

The following are the average inter-bank exchange rates of Wednesday, November 12 as issued by the Ghana Association of Bankers:

CEDI EQUIVALENT Country Currency Buying Selling

France French Franc 387.89 394.01 Switzerland Swiss Franc 1,597.01 1,621.55 U.K. Pound Sterling 3,783.49 3,845.02 United States U.S. Dollar 2,215.91 2,250.73 Germany Deutsche Mark 1,298.56 1,319.23 Belgium Belgian Franc 63.02 63.95 Canada Canadian Dollar 1,573.63 1,598.16 Japan Japanese Yen 17.62 17.90 Holland Dutch Guilder 1,152.17 1,170.26 South Africa Rand 459.56 466.61 CFA Franc Zone CFA 3.88 3.94 Nigeria Naira 27.38 27.81