Accra, July 22, 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 Friday, July 22 2005.

Currency Buying Selling

U.S. Dollar 8,988.64 9,123.18

Pound Sterling 15,749.90 15,988.37

Swiss Franc 6,998.40 7,101.84

Canadian Dollar 7,401.61 7,510.16

Danish Kroner 1,466.55 1,488.36

Japanese Yen 81.07 82.25

Swedish Kroner 1,158.26 1,174.06

South African Rand 1,368.89 1,385.01

Euro 10,942.75 11,103.81

CFA Franc 16.68 16.93

Naira 68.42 69.45

ECOWAS WAUA 13,269.27