Business News of Thursday, 26 April 2001

Source: GNA

GAB Announces Exchange Rates

The Ghana Association of Bankers on Wednesday, April 25, 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            7,031.09        7,237.00 
Pound Sterling 10,076.26 10,374.96
French Franc 956.42 983.74
Swiss Franc 4,097.04 4,214.04
Deutsche Mark 3,206.55 3,300.55
Canadian Dollar 4,550.95 4,682.05
Japanese Yen 57.48 59.15
Dutch Guilder 2,846.96 2,928.30
S/African Rand 870.57 894.96
Euro 6,274.91 6,452.89
CFA Franc 9.56 9.84
Naira 64.80 66.70
Ecowas/WAUA 8,939.07 --------