Inter-Bank exchange rates of the Cedi

Accra, May 12, GNA - The following are the average inter-bank exchange rates of the dollar and derived rates for the major currencies against the cedi issued by the Ghana Association of Bankers on Thursday, May 12, 2005.

Currency Buying Selling

U.S. Dollar 8,988.64 9,122.27

Pound Sterling 16,764.71 17,017.59

Swiss Franc 7,423.27 7,531.58

Canadian Dollar 7,194.85 7,299.30

Danish Kroner 1,541.09 1,563.96

Japanese Yen 84.61 85.83

Swedish Kroner 1,244.15 1,262.43

South African Rand 1,445.26 1,466.09

Euro 11,471.68 11,636.76

CFA Franc 17.49 17.74

Naira 68.46 69.48

ECOWAS WAUA 13,759.64