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Wednesday, 19 December 2001  
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EXCHANGE RATES ON 18.12.2001 IN SLRS 

Average Rates at which the following currencies were quoted by Commercial Banks in Colombo for telegraphic transfers at 9.30 a.m.

Currency

Buying (Rs.)

Selling (Rs.)

US Dollar 92.6920 93.3720
Sterling Pound 135.1395 136.6800
Euro   83.4898 84.6429
Swiss Franc   56.5282 57.5152
Japanese Yen 0.7223 0.7326

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

Country

Currency

Indicative Rate(RS.)
Saudi Arabian Riyal    24.8200
Bahrain Dinar   246.9097
Kuwait  Dinar 304.0024
Qatar Riyal  25.5777
UAE Dirham 25.3424
Oman Riyal 241.7947

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 December 14, 2001 by all commercial banks were 14.12 percent and 13.00  per cent respectively.

The Average Weighted Deposit Rate (AWDR) of Commercial banks for the month ended November 30th 2001 was 10.80 percent.

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Sri Lanka News Rates

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