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EXCHANGE RATES ON  28.09.2001 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 89.7300 90.3920
Sterling Pound 131.8307 133.3458
Euro   81.7622 82.9005
Swiss Franc   55.1265 56.1041
Japanese Yen 0.7505 0.7614

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

Country

Currency

Indicative Rate(RS.)
Saudi Arabian Riyal    24.0298
Bahrain Dinar   239.1187
Kuwait  Dinar 295.9153
Qatar Riyal  24.7626
UAE Dirham 24.5401
Oman Riyal 234.1494

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
Netherlands 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 21th, 2001 by all commercial banks were 15.59 percent and 15.00 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 28.09.2001

1. COPRA (per 250 kgs)  
     a) Date of Auction 28.09.2001
     b) Quantity of Copra offered 28,050 Kgs
     c) Quantity of copra sold 20,800 Kgs
     d) Simple average price - White Edible Copra -
     e) Simple average price  - Edible Copra -
     f) Highest price - M.S. No. 1 Copra RS. 11,250 T
     g) Simple average price - M. S. No 1 Copra    Rs. 11,110 T
     h) Simple average Price - M. S. No. 2 Copra Rs. 10,250 T
     i) Highest price - M. O. No. 1 Copra -
     j) Simple average Price - M.O. No. 1 Copra  

Next Auction on 03.10.2001 at 11.00 a.m. at the CDA Duke
Street Office

2. FRESH COCONUT (per 1,000 nuts)  
     a) Local Market 7,500 T
     b) Date & Price of Auction:  
         CDA (27.09.2001)  
              Highest Price 8,510 T
              Lowest Price 8,370 T
              Average Price 8,430 T
      Quantity Traded (Nuts) 106,850 N 
      WCCI(-) -
              Highest Price -
              Lowest Price -
             Average Price -
             Quantity Traded ( Nuts) -
     c) Date & Price of Tender -
         CCB -
         CRB (-) -
         NLDB(-) -
         LHP(06.09.2001) -

CDA Next Auction on 04.10.2001 at 11.00 a.m. at the Duke
street office

3. DESICCATED COCNUTS (per KG)  
     a) Local Price  
       ( i) Modernaized D/C Mills 61.00 T
       (ii) Traditoanal D/C Mills 61.00 T
     b) Philippines (CIF London) -
     c) Sri Lanka (CIF London) -
4. COCONUT OIL (per MT)  
     a) Local price 70,000 T
     b) Philippines (CIF London) 28,473
     c) Philippines (CIF New York) 35,869
5. POONAC (per MT) 7,500 T
6. MATTRESS FIBRE (per 50 kgs)  
     a) FAQ 120-140 T
     b) Superior 150 - 160 T
     c) Hand Twisted 270 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         900-950 T
     c) Semi Hackled 1,000 T
9. BRISTLE FIBRE 2 tie (Hackled per 50 kgs 1,200-1,300 T
10. COCONUTS SHELL CHARCOAL 7,500 T
(per MT)
11.COCONUT EKELS (per 50 kgs) 300-350 T

(T-Traded; N-Nominal)

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