The Ghana Association of Bankers on Monday 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                   7,014.73         7,219.73
 Pound Sterling             10,147.51        10,451.28
 French Franc                  967.63           995.69
 Swiss Franc                 4,146.75         4,266.87
 Deutsche Mark               3,244.30         3,340.35
 Canadian Dollar             4,487.67         4,618.94
 Japanese Yen                   56.18            57.83
 Dutch Guilder               2,880.28         2,963.73
 S/African Rand                873.04           897.75
 Euro                        6,347.35         6,533.28
 CFA Franc                       9.68             9.96
 Naira                          64.56            66.44
 ECOWAS/WAUA                 8,847.19         --------