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| EXCHANGE RATES | COCONUTS |

EXCHANGE RATES

EXCHANGE RATES ON 26.08.2002 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	96.06	96.49
Sterling Pound	145.98	147.22
Euro	92.98	94.04
Swiss Franc	63.12	64.07
Australian Dollar	51.86	52.80
Japanese Yen	0.8002	0.8097

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

Country

Currency

Indicative Rate(RS.)

Bahrain	Dinar	255.55
Kuwait	Dinar	318.75
Oman	Rial	250.26
Qatar	Riyal	26.47
Saudi Arabian	Riyal	25.69
UAE	Dirham	26.23

The Average Weighted Prime Lending Rates (AWPLR) & the Lowest Prime Rate (LPR) during the week ended 23, August 2002 by all commercial banks were 12.23 percent and 11.13 per cent respectively.

The Average Weighted Deposit Rate (AWDR) of Commercial banks for the month ended 31 st July, 2002 was 9.49 percent.

COCONUTS

Prices of Coconut Products on 26.08.2002

1. COPRA (per 250 kgs)
a) Date of Auction	23.08.2002
b) Quantity of Copra offered	- Kgs
c) Quantity of copra sold	- Kgs
d) Simple average price - White Edible Copra	-
e) Simple average price - Edible Copra	-
f) Highest price - M.S. No. 1 Copra	-
g) Simple average price - M. S. No 1 Copra	-
h) Simple average Price - M. S. No. 2 Copra	-
i) Highest price - M. O. No. 1 Copra	-
j) Simple average Price - M.O. No. 1 Copra	-

Next Auction on 28.08.2002 at 11.00 a.m. at the CDA Duke
Street Office

2. FRESH COCONUT (per 1,000 nuts)
a) Local Market	Rs. 11,000-11,500 N
b) Date & Price of Auction:
CDA (15.08.2002)
Highest Price	Rs 11,810 T
Lowest Price	Rs 10,250 T
Average Price	Rs 12,580 T
Quantity Traded (Nuts)	775,306 N
WCCI(-)	-
Highest Price	-
Lowest Price	-
Average Price	-
Quantity Traded ( Nuts)	-
c) Date & Price of Tender	-
CCB	-
CRB (-)	-
NLDB(-)	-
LHP(08.08.2002)	-

CDA Next Auction on 29.08.2002 at 11.00 a.m. at the Duke
street office

3. DESICCATED COCNUTS (per Kg)
a) Local Price
( i) Modernaized D/C Mills	Rs. 94.00 N
(ii) Traditoanal D/C Mills	Rs. 92.00-93.00 T
b) Philippines (CIF London)	-
c) Sri Lanka (CIF London)	-
4. COCONUT OIL (per Mt)
a) Local price	Rs. 77,000-82,000 N
b) Philippines (CIF London)	Rs. 41,461 T
c) Philippines (CIF New York)	Rs. 45,170 T
5. POONAC (per Mt)	Rs. 19,000 T
6. MATTRESS FIBRE (per 50 kgs)
a) FAQ	Rs. 370 T
b) Superior	Rs. 400 T
c) Hand Twisted	Rs. 475 T
7. OMAT FIBRE FAQ ( per 50 kgs)	Rs. 650-800 T
8. BRISTLE FIBRE 1 tie (per 50kgs)
a) Ordinary	Rs. 1,000-1,100 T
b) Superior Hackleable	Rs. 1,100-1,200 T
c) Semi Hackled	Rs. 1,250 T
9. BRISTLE FIBRE 2 tie (Hackled per 50 kgs	Rs. 1,400 T
10. COCONUTS SHELL CHARCOAL	Rs. 13,000 T
(per MT)
11.COCONUT EKELS (per 50 kgs)	Rs. 400-430 T

(T-Traded; N-Nominal)

Next Auction on 28.08.2002 at 11.00 a.m. at the CDA Duke Street Office

CDA Next Auction on 29.08.2002 at 11.00 a.m. at the Duke street office

Next Auction on 28.08.2002 at 11.00 a.m. at the CDA Duke
Street Office

CDA Next Auction on 29.08.2002 at 11.00 a.m. at the Duke
street office