Inter-Bank Exchange Rate of the Cedi

Accra, October 7, GNA - The following are the average inter-bank exchange rates of major currencies against the cedi issued by the Ghana Association of Bankers on Tuesday, October 7, 2003.

Currency Buying Selling

U.S. Dollar 8,620.00 8,798.00

Pound Sterling 14,440.22 14,742.81

Swiss Franc 6,547.37 6,679.72

Canadian Dollar 6,444.23 6,574.27

Danish Kroner 1,362.99 1,391.00

Japanese Yen 77.92 79.51

South African Rand 1,271.05 1,287.81

Euro 10,124.96 10,331.33

CFA Franc 15.44 15.75

Naira 67.80 69.20

ECOWAS WAUA 12,309.06