Inter-Bank Exchange Rate of the Cedi

Accra, Nov. 12, GNA - The following are the average inter-bank exchange rates of major currencies against the cedi issued by the Ghana Association of Bankers on Wednesday, November 12, 2003.

Currency Buying Selling

U.S. Dollar 8,670.73 8,796.91

Pound Sterling 14,501.80 14,717.23

Swiss Franc 6,401.99 6,492.80

Canadian Dollar 6,612.77 6,706.11

Danish Kroner 1,349.56 1,368.89

Japanese Yen 79.80 80.93

South African Rand 1,258.89 1,268.01

Euro 10,036.54 10,177.89

CFA Franc 15.30 15.52

Naira 66.16 67.13

ECOWAS WAUA 12,400.60