Ghana Association Of Bankers Releases Exchange Rates

ACCRA, Ghana (PANA) - The Ghana Association of Bankers on Friday released the following average inter-bank exchange rates of the cedi to the dollar and derived rates for other major foreign currencies:

 CURRENCY              BUYING            SELLING


 US Dollar             4,432.82          4,578.09 
 Pound Sterling        6,700.21          6,922.07 
 French Franc            609.52            629.36 
 Swiss Franc           2,571.66          2,655.19 
 Deutsche Mark         2,043.99          2,111.03 
 Canadian Dollar       2,978.00          3,073.61 
 Japanese Yen             40.92             42.25 
 Dutch Guilder         1,814.30          1,873.31 
 S/African Rand          631.27            651.15 
 Euro                  3,998.21          4,128.39 
 CFA Franc                 6.10              6.29 
 Naira                    43.17             44.58 
 Ecowas/WAUA           5,842.17          --------