Business News of Thursday, 18 May 2006

Source: GNA

Inter-Bank exchange rate of the Cedi

Accra, May 18, GNA - The following are the average inter-bank exchange rate of the dollar and derived rates for the major currencies against the cedi, issued by the Ghana Association of Bankers on Thursday, May 18 2006.

Currency Buying Selling

U.S. Dollar 9,058.45 9,164.09

Pound Sterling 17,067.93 17,268.81

Swiss Franc 7,475.12 7,559.12

Canadian Dollar 8,117.92 8,208.78

Danish Kroner 1,567.99 1,586.39

Japanese Yen 81.72 82.63

Swedish Kroner 1,230.87 1,244.75

South African Rand 1,403.46 1,419.25

Euro 11,567.56 11,695.94

CFA Franc 17.63 17.83

Naira 70.81 71.63

ECOWAS WAUA 12,997.09