Business News of Tuesday, 22 May 2001

Source: GNA

Exchange Rates

The Ghana Association of Bankers, on Monday May 21, announced the following average inter bank exchange rates of the cedi to the dollar and derived rates for other major foreign currencies.

 Currency           Buying          Selling  
US Dollar 7,045.00 7,255.45
Pound Sterling 10,122.26 10,426.08
French Franc 940.79 968.14
Swiss Franc 4,026.51 4,143.58
Deutsche Mark 3,154.33 3,248.00
Canadian Dollar 4,597.06 4,730.31
Japanese Yen 57.16 58.83
Dutch Guilder 2,800.38 2,881.73
S/African Rand 894.16 919.51
Euro 6,171.73 6,351.94
CFA Franc 9.41 9.68
Naira 64.80 66.73
ECOWAS/WAUA 8,959.35