Business News of Wednesday, 14 January 2009

Source: GNA

Ghana Association of Bankers announces exchange rates

Accra, Jan. 14, GNA - Following are the average inter-bank exchange rate of the dollar and derived rates for the major currencies against the cedi as issued by the Ghana Association of Bankers on Wednesday, January 14, 2009.

Currency NEW GHANA CEDI EQUIVALENT Buying Selling

U.S. Dollar 1.2150 1.2547

Pound Sterling 1.7778 1.8361

Swiss Franc 1.0923 1.1274

Canadian Dollar 1.0017 1.0339

Danish Kroner 0.2175 0.2244

Japanese Yen 0.0135 0.0140

Swedish Kroner 0.1494 0.1541

South African Rand 0.1233 0.1271

Euro 1.6200 1.6724

WEST AFRICAN CURRENCIES CURRENCY EQUIVALENT OF GHANA CEDI

CFA Franc 392.22 404.91 Naira 111.30 114.94 ECOWAS WAUA 0.5727 14 Jan 09