The Ghana Association of Bankers Monday released the following average inter-bank exchange rates of the cedi (local currency) to the dollar and derived rates for other major foreign currencies.

 CURRENCY            BUYING        SELLING 
 US Dollar          7,022.00       7,232.45
 Pound Sterling    10,054.80      10,359.04
 French Franc         950.98         979.25
 Swiss Franc        4,065.34       4,185.13
 Deutsche Mark      3,188.36       3,283.79
 Canadian Dollar    4,494.97       4,624.78
 Japanese Yen          57.31          59.00
 Dutch Guilder      2,829.55       2,912.71
 S/African Rand       866.04         890.65
 Euro               6,237.86       6,420.63
 CFA Franc              9.51           9.79
 Naira                 64.80          66.74
 Ecowas/WAUA        8,930.53          ---