Accra, July 19, GNA - The following are the average inter-bank exchange rates of major currencies against the cedi issued by the Ghana Association of Bankers on Monday, July 19, 2003.

Currency Buying Selling

U.S. Dollar 8,906.55 9,105.27

Pound Sterling 16,684.64 17,061.45

Swiss Franc 7,260.82 7,421.90

Canadian Dollar 6,804.78 6,953.64

Danish Kroner 1,490.67 1,523.59

Japanese Yen 82.24 84.05

South African Rand 1,504.33 1,525.17

Euro 11,081.72 11,325.98

CFA Franc 16.89 17.27

Naira 67.92 69.44

ECOWAS WAUA 13,172.23