Ghana Association of Bankers announces cedi exchange rates

Accra, August 1, GNA - The following are the average inter-bank exchange rate of the dollar and derived rates for the major currencies against the cedi as issued by the Ghana Association of Bankers on Wednesday, August 1,2007.

Currency CEDI EQUIVALENT NEW GHANA CEDI EQUIVALENT

Buying Selling Buying Selling

U.S. Dollar 9,230.00 9,345.00 0.9230 0.9345

Pound Sterling 18,663.98 18,900.26 1.8664 1.8900

Swiss Franc 7,694.27 7,787.50 0.7694 0.7788

Canadian Dollar 8,644.33 8,749.31 0.8644 0.8749

Danish Kroner 1,692.96 1,713.73 0.1693 0.1714

Japanese Yen 78.34 79.29 0.0078 0.0079

Swedish Kroner 1,360.02 1,376.76 0.1360 0.1377

South African Rand 1,278.09 1,293.98 0.1278 0.1294

Euro 12,598.88 12,754.07 1.2599 1.2754

ECOWAS WAUA 13,035.78 1.3036