Thursday, 7 March 2002  
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| EXCHANGE RATES  | COCONUTS |

EXCHANGE RATES 

EXCHANGE RATES ON 06.03.2002 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 93.8460 94.4160
Sterling Pound 133.3426 134.6175
Euro   81.4530 82.4210
Swiss Franc   55.1289 56.0616
Japanese Yen 0.7076 0.7175

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

Country

Currency

Indicative Rate(RS.)
Bahrain Dinar   249.7714
Kuwait  Dinar 306.1740
Oman Rial 244.5845
Qatar Riyal  25.8621
Saudi Arabian Riyal    25.1083
UAE Dirham 25.6361

The  Average Weighted Prime Lending Rates (AWPLR) & the Lowest Prime Rate (LPR) during the week ended March 01, 2002 by all commercial banks were 13.42 percent and 12.40  per cent respectively.

The Average Weighted Deposit Rate (AWDR) of Commercial banks for the month ended January, 31st 2002 was 10.53 percent.  

 

COCONUTS

Prices of Coconut Products on 05.03.2002

1. COPRA (per 250 kgs)  
     a) Date of Auction 01.03.2002
     b) Quantity of Copra offered 97,600 Kgs
     c) Quantity of copra sold 88,600 Kgs
     d) Simple average price - White Edible Copra -
     e) Simple average price  - Edible Copra -
     f) Highest price - M.S. No. 1 Copra RS. 18,200 T
     g) Simple average price - M. S. No 1 Copra    Rs. 17,960 T
     h) Simple average Price - M. S. No. 2 Copra Rs. 14,250 T
     i) Highest price - M. O. No. 1 Copra -
     j) Simple average Price - M.O. No. 1 Copra  

Next Auction on 06.03.2002 at 11.00 a.m. at the CDA Duke
Street Office

2. FRESH COCONUT (per 1,000 nuts)  
     a) Local Market Rs.10,000-12,500 N
     b) Date & Price of Auction:  
         CDA (28.02.2002)  
              Highest Price Rs.  13,510 T
              Lowest Price Rs.  11,500 T
              Average Price Rs.  12,720 T
      Quantity Traded (Nuts) 572,926 
      WCCI(-) -
              Highest Price -
              Lowest Price -
             Average Price -
             Quantity Traded ( Nuts) -
     c) Date & Price of Tender -
         CCB -
         CRB (-) -
         NLDB(-) -
         LHP(28.02.2002) 13,280

CDA Next Auction on 07.03.2002 at 11.00 a.m. at the Duke
street office

3. DESICCATED COCNUTS (per Kg)  
     a) Local Price  
       ( i) Modernaized D/C Mills Rs. 90.00 N
       (ii) Traditoanal D/C Mills Rs. 89.00 N
     b) Philippines (CIF London) -
     c) Sri Lanka (CIF London) -
4. COCONUT OIL (per Mt)  
     a) Local price Rs. 93,000 T
     b) Philippines (CIF London) Rs.    33,342
     c) Philippines (CIF New York) Rs.    36,234
5. POONAC (per Mt) Rs. 14,000 T
6. MATTRESS FIBRE (per 50 kgs)  
     a) FAQ Rs. 190-220 T
     b) Superior Rs. 200-230 T
     c) Hand Twisted Rs.       325 T
7. OMAT FIBRE FAQ ( per 50 kgs) Rs. 500-650 T
8. BRISTLE FIBRE 1 tie (per 50kgs)  
     a) Ordinary Rs. 750-1050 T
     b) Superior Hackleable   Rs. 800-1,200 T
     c) Semi Hackled Rs.    1,150 T
9. BRISTLE FIBRE 2 tie (Hackled per 50 kgs Rs.    1,550 T
10. COCONUTS SHELL CHARCOAL Rs.  8,250 T
(per MT)
11.COCONUT EKELS (per 50 kgs) Rs. 350 T

(T-Traded; N-Nominal)

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