Online edition of Daily News - Business Section

News

Business

Features

Editorial

Security

Politics

World

Letters

Sports

Obituaries

Archives

EXCHANGE RATES ON 13.09.2001 IN SLRS | COCONUTS

Average Rates at which the following currencies were quoted by Commercial Banks in Colombo for telegraphic transfers.

Currency	Buying (Rs.)	Selling (Rs.)
US Dollar	89.7200	90.4200
Sterling Pound	131.3757	133.0201
Euro	81.0090	82.2893
Swiss Franc	53.7997	54.6514
Japanese Yen	0.7485	0.7605

The Approximate Exchange Rates of GULF Currencies based on previous day's Market Weighted Average Rate.

Country

Currency

Indicative Rate(RS.)

Saudi Arabian	Riyal	24.0197
Bahrain	Dinar	238.9765
Kuwait	Dinar	294.8681
Qatar	Riyal	24.7479
UAE	Dirham	24.5255
Oman	Riyal	234.0101

The European Commission's Locking Rates of 11 member countries that came into existence from January 01st, 1999 are as follows.

Country	Currency	Locking Rate
Austria	Schiling	13.760300
Belgium	Franc	40.339900
Finland	Markka	5.945730
France	French Franc	6.559570
Germany	Deutsche Mark	1.955830
Irish Republic	Punt	0.787564
Italy	Lira	1936.270000
Luxembourg	Franc	40.339900
Netherland	Guilder	2.203710
Portugal	Escudo	200.482000
Spain	Peseta	166.386000

The Average Weighted Prime Lending Rates (AWPLR) & the Lowest Prime Rate (LPR) during the week ended September 7th, 2001 by all commercial banks were 16.09 percent and 14.75 per cent respectively.

The Average Weighted Deposit Rate (AWDR) of Commercial banks for the month ended August 31st 2001 was 11.39 percent.

COCONUTS

Prices of Coconut Products on 12.09.2001

1. COPRA (per 250 kgs)
a) Date of Auction	13.09.2001
b) Quantity of Copra offered	111,700 Kgs
c) Quantity of copra sold	93,520 Kgs
d) Simple average price - White Edible Copra	-
e) Simple average price - Edible Copra	-
f) Highest price - M.S. No. 1 Copra	RS.11,530T
g) Simple average price - M. S. No 1 Copra	Rs. 11,240 T
h) Simple average Price - M. S. No. 2 Copra	Rs. 10,260 T
i) Highest price - M. O. No. 1 Copra	-
j) Simple average Price - M.O. No. 1 Copra

Next Auction on 14.09.2001 at 11.00 a.m. at the CDA Duke
Street Office

2. FRESH COCONUT (per 1,000 nuts)
a) Local Market	7,500-7,800 T
b) Date & Price of Auction:
CDA (06.09.2001)
Highest Price	-
Lowest Price	9,390 T
Average Price	8,250 T
Quantity Traded (Nuts)	810,642
WCCI(-)	-
Highest Price	-
Lowest Price	-
Average Price	-
Quantity Traded ( Nuts)	-
c) Date & Price of Tender	-
CCB	-
CRB (-)	-
NLDB(-)	-
LHP(06.09.2001)	8,370 T

CDA Next Auction on 20.09.2001 at 11.00 a.m. at the Duke
street office

3. DESICCATED COCNUTS (per KG)
a) Local Price
( i) Modernaized D/C Mills	68.00 T
(ii) Traditoanal D/C Mills	67.00-68.00 T
b) Philippines (CIF London)	-
c) Sri Lanka (CIF London)	-
4. COCONUT OIL (per MT)
a) Local price	67,000-68,000 T
b) Philippines (CIF London)	28,067
c) Philippines (CIF New York)	35,929
5. POONAC (per MT)	6,000-6,500 T
6. MATTRESS FIBRE (per 50 kgs)
a) FAQ	110-130 T
b) Superior	140 T
c) Hand Twisted	260 T
7. OMAT FIBRE FAQ ( per 50 kgs)	450-550 T
8. BRISTLE FIBRE 1 tie (per 50kgs)
a) Ordinary	700-800 T
b) Superior Hackleable	850-900 T
c) Semi Hackled	900 T
9. BRISTLE FIBRE 2 tie (Hackled per 50 kgs	1,000-1,300 T
10. COCONUTS SHELL CHARCOAL	7,500 T
(per MT)
11.COCONUT EKELS (per 50 kgs)	325-375 T

(T-Traded; N-Nominal)

COCONUTS

Next Auction on 14.09.2001 at 11.00 a.m. at the CDA Duke Street Office

CDA Next Auction on 20.09.2001 at 11.00 a.m. at the Duke street office

Next Auction on 14.09.2001 at 11.00 a.m. at the CDA Duke
Street Office

CDA Next Auction on 20.09.2001 at 11.00 a.m. at the Duke
street office