Accra, July 12, GNA - The following are the average inter-bank exchange rate of the dollar-derived rates for the major currencies against the cedi, issued by the Ghana Association of Bankers on Tuesday, July 12 2005.

Currency Buying Selling

U.S. Dollar 8,988.64 9,123.18

Pound Sterling 15,879.33 16,122.48

Swiss Franc 7,041.21 7,146.49

Canadian Dollar 7,420.94 7,531.41

Danish Kroner 1,467.40 1,489.58

Japanese Yen 80.79 81.98

Swedish Kroner 1,156.09 1,173.35

South African Rand 1,350.82 1,369.81

Euro 10,945.98 11,105.17

CFA Franc 16.69 16.93

Naira 68.42 69.45

ECOWAS WAUA 13,269.27