BusinessWeek Issue 416

416 May 16 - 22, 2011 Financial Markets Last Week Financial Markets Last Week Inflationary Trend Interest Rates Ghana Stock Exchange Currencies(interbank) Commodities US$/ Pound/gh¢ 2. 485 Euro/gh¢ 2. 184 CFA/gh¢ 1. 732 SA Rand/gh¢ 0. 221 gh¢ 1. 524... More

416 May 16 - 22, 2011 Financial Markets Last Week Financial Markets Last Week Inflationary Trend Interest Rates Ghana Stock Exchange Currencies(interbank) Commodities US$/ Pound/gh¢ 2. 485 Euro/gh¢ 2. 184 CFA/gh¢ 1. 732 SA Rand/gh¢ 0. 221 gh¢ 1. 524 February 9. 16% March 9. 13% April 9. 02% 91-day T. Bill - 11. 63% (nominal) 182-day T. Bill - 12. 01 % (nominal) 1-year Note - 12. 35% (nominal) 2-year Fxd Rate Note - 12. 40% 3-year Fxd Rate Bond Bog Policy Rate - 13. 00% Last Week Change - 0. 81% Year To Date Change - 15. 56% Volume Traded - 7,377,717 Value Traded - 3,823,123 Market Cap. - 20,225. 00 Gold 1,493oz Cocoa 3,002/tonne Crude Oil 114. 07pb Coffee 269. 400 Www. mybusinessweekafrica. com P. 22 P. 22 Fred Sarpong onsumer Price Inflation (CPI) declined to 9. 02% in April, down from 9. 13% inCMarch, according to data announced by the Ghana Statistical Servicelastweek. This marks the steepest fall in the year-on-year inflation rate since it hit a six-month peak of 9. 16% in Febr Less