Accra, Dec. 31, GNA - The following are the average inter-bank exchange rates of major currencies against the cedi issued by the Ghana Association of Bankers on Friday, December 31, 2004.

Currency Buying Selling

U.S. Dollar 8,947.00 9,112.45

Pound Sterling 17,236.40 17,558.78

Swiss Franc 7,909.87 8,054.12

Canadian Dollar 7,447.46 7,584.13

Danish Kroner 1,641.09 1,670.69

Japanese Yen 87.21 88.79

South African Rand 1,586.01 1,613.80

Euro 12,205.35 12,426.60

CFA Franc 18.61 18.94

Naira 68.24 69.50

ECOWAS WAUA 13,479.70