Ghana Association of Bankers announces Exchange Rates

Accra (Greater Accra) 8 Mar. '99

The following are the average inter bank exchange

rates of the cedi to the dollar and other derived rates for other

currencies as

against the major foreign currencies for today Monday March

eight as announced

by the Ghana Association of bankers

Currency Buying Selling

US Dollar 2,362.45 2,393.82

Pound Sterling 3,788.19 3,839.69

French Franc 391.05 396.06

Swiss Franc 1,611.04 1,631.34

Deutsche Mark 1,311.25 1,328.61

Canadian Dollar 1,556.11 1,575.71

Japanese Yen 19.43 19.68

Dutch Guilder 1,163.98 1,178.94

S/African Rand 382.12 385.94

Euro 2,565.65 2,597.72

CFA Franc 3.91 3.96

Naira 27.92 28.29