Inter-Bank Exchange Rate of the Cedi

Accra, Nov. 16, 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, November 16, 2004.

Currency Buying Selling

U.S. Dollar 8,937.45 9,108.36

Pound Sterling 16,509.26 16,828.61

Swiss Franc 7,575.83 7,717.77

Canadian Dollar 7,443.31 7,581.48

Danish Kroner 1,555.94 1,585.21

Japanese Yen 84.76 86.35

South African Rand 1,472.56 1,495.88

Euro 11,563.53 11,780.61

CFA Franc 17.63 17.96

Naira 68.24 69.54

ECOWAS WAUA 13,474.00