The Ghana Association of Bankers July 4, 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                 7,037.00                7,263.45 Pound Sterling            9,898.95                 10,220.40 French Franc                907.74                 936.76 Swiss Franc               3,911.39                   4,036.65 Deutsche Mark             3,044.14                   3,142.03 Canadian Dollar           4,663.60                   4,812.77 Japanese Yen                 56.40                        58.19 Dutch Guilder             2,702.05                  2,788.27 S/African Rand              875.35                     902.75 Euro                      5,956.05                  6,143.91 CFA Franc                     9.08                         9.37 Naira                        63.12                       65.16 Ecowas/WAUA               8,799.15                  ========