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| EXCHANGE RATES  | COCONUTS |

EXCHANGE RATES 

EXCHANGE RATES ON 30.04.2002 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 95.8400 96.2680
Sterling Pound 139.4595 140.6166
Euro   86.3691 87.2507
Swiss Franc   58.8610 59.7119
Japanese Yen 0.7458 0.7544

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

Country

Currency

Indicative Rate(RS.)
Bahrain Dinar   254.9910
Kuwait  Dinar 314.4600
Oman Rial 249.6960
Qatar Riyal  26.4032
Saudi Arabian Riyal    25.6344
UAE Dirham 26.1732

The  Average Weighted Prime Lending Rates (AWPLR) & the Lowest Prime Rate (LPR) during the week ended April 25, 2002 by all commercial banks were 14.00 percent and 12.50  per cent respectively.

The Average Weighted Deposit Rate (AWDR) of Commercial banks for the month ended March, 27th 2002 was 10.11 percent.  

 

COCONUTS

Prices of Coconut Products on 30.04.2002

1. COPRA (per 250 kgs)  
     a) Date of Auction 24. 04. 2002
     b) Quantity of Copra offered 30,110  Kgs
     c) Quantity of copra sold 6,760- Kgs
     d) Simple average price - White Edible Copra -
     e) Simple average price  - Edible Copra -
     f) Highest price - M.S. No. 1 Copra RS. - 
     g) Simple average price - M. S. No 1 Copra    Rs. 12,500
     h) Simple average Price - M. S. No. 2 Copra Rs. 12,250
     i) Highest price - M. O. No. 1 Copra -
     j) Simple average Price - M.O. No. 1 Copra  

Next Auction on 03.05.2002 at 11.00 a.m. at the CDA Duke
Street Office

2. FRESH COCONUT (per 1,000 nuts)  
     a) Local Market Rs.8,500-9,000 T
     b) Date & Price of Auction:  
         CDA (25.04.2002)  
              Highest Price Rs.  9,600 T
              Lowest Price Rs.  8,050 T
              Average Price Rs.  8,980 T
      Quantity Traded (Nuts) 554,604 N 
      WCCI(-) -
              Highest Price -
              Lowest Price -
             Average Price -
             Quantity Traded ( Nuts) -
     c) Date & Price of Tender -
         CCB -
         CRB (-) -
         NLDB(-) -
         LHP(25.04.2002) Rs. 9,050 T

CDA Next Auction on 02.05.2002 at 11.00 a.m. at the Duke
street office

3. DESICCATED COCNUTS (per Kg)  
     a) Local Price  
       ( i) Modernaized D/C Mills Rs. 83.00 T
       (ii) Traditoanal D/C Mills Rs. 82.00 T
     b) Philippines (CIF London) -
     c) Sri Lanka (CIF London) -
4. COCONUT OIL (per Mt)  
     a) Local price Rs. 76,000-80,000 T
     b) Philippines (CIF London) Rs. 39,973  
     c) Philippines (CIF New York) Rs. 41,939 
5. POONAC (per Mt) Rs. 17,000 T
6. MATTRESS FIBRE (per 50 kgs)  
     a) FAQ Rs. 260-270 T
     b) Superior Rs. 280-290 T
     c) Hand Twisted Rs.       425 T
7. OMAT FIBRE FAQ ( per 50 kgs) Rs. 600-800 T
8. BRISTLE FIBRE 1 tie (per 50kgs)  
     a) Ordinary Rs. 950-1,000 T
     b) Superior Hackleable   Rs. 1,000-1,100 T
     c) Semi Hackled Rs.    1,200 T
9. BRISTLE FIBRE 2 tie (Hackled per 50 kgs Rs.  1,250 - 1,400 T
10. COCONUTS SHELL CHARCOAL Rs.  9,000 T
(per MT)
11.COCONUT EKELS (per 50 kgs) Rs. 350 T

(T-Traded; N-Nominal)

Crescat Development Ltd.

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