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| EXCHANGE RATES | COCONUTS |

EXCHANGE RATES

EXCHANGE RATES ON 05.03.2003 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	96.63	97.10
Sterling Pound	153.15	154.49
Euro	105.61	106.76
Swiss Franc	72.33	73.23
Australian Dollar	59.25	60.13
Japanese Yen	0.8202	0.8306

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

Country

Currency

Indicative Rate(RS.)

Bahrain	Dinar	257.03
Kuwait	Dinar	324.11
Oman	Rial	251.70
Qatar	Riyal	26.62
Saudi Arabian	Riyal	25.84
UAE	Dirham	26.38

The Average Weighted Prime Lending Rates (AWPLR) & the Lowest Prime Rate (LPR) during the week ended 28th, February 2003 by all commercial banks were 11.24 percent and 9.75 per cent respectively.

The Average Weighted Deposit Rate (AWDR) of Commercial banks for the month January, 2003 was 7.18 percent.

COCONUTS

Prices of Coconut Products on 05.03.2003

1. COPRA (per 250 kgs)
a) Date of Auction (05.03.2003)
b) Quantity of Copra offered	39,110 Kgs
c) Quantity of copra sold	28,880 Kgs
d) Simple average price - White Edible Copra	-
e) Simple average price - Edible Copra	-
f) Highest price - M.S. No. 1 Copra	15,600 T
g) Simple average price - M. S. No 1 Copra	15,455 T
h) Simple average Price - M. S. No. 2 Copra	13,100 T
i) Highest price - M. O. No. 1 Copra	-
j) Simple average Price - M.O. No. 1 Copra	-

Next Auction on 07.03.2003 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 (27.02.2003)
Highest Price	Rs 12,330 T
Lowest Price	Rs 9,510 T
Average Price	Rs 11,640 T
Quantity Traded (Nuts)	302,203 Nuts
WCCI(-)	-
Highest Price	-
Lowest Price	-
Average Price	-
Quantity Traded ( Nuts)	-
c) Date & Price of Tender	-
CCB	-
CRB (-)	-
NLDB(-)	-
LHP (27.02.2003)	Rs.11,440T

CDA Next Auction on 06.03.2003 at 11.00 a.m. at the Duke
street office

3. DESICCATED COCNUTS (per Kg)
a) Local Price
( i) Modernaized D/C Mills	Rs. 86.00 N
(ii) Traditoanal D/C Mills	Rs. 85.00 T
b) Philippines (CIF London)	-
c) Sri Lanka (CIF London)	-
4. COCONUT OIL (per Mt)
a) Local price	Rs. 72,000-76,000 T
b) Philippines (CIF London)	44,400 T
c) Philippines (CIF New York)	47,020 T
5. POONAC (per Mt)	Rs. 20,000 N
6. MATTRESS FIBRE (per 50 kgs)
a) FAQ	Rs. 300 T
b) Superior	Rs. 320-330 T
c) Hand Twisted	Rs. 550 T
7. OMAT FIBRE FAQ ( per 50 kgs)	Rs. 650 T
8. BRISTLE FIBRE 1 tie (per 50kgs)
a) Ordinary	Rs. 900-1,000 T
b) Superior Hackleable	Rs. 1,100 T
c) Semi Hackled	Rs. 1,400 T
9. BRISTLE FIBRE 2 tie (Hackled per 50 kgs	Rs. 1,600 T
10. COCONUTS SHELL CHARCOAL	Rs. 22,000 N
(per MT)
11.COCONUT EKELS (per 50 kgs)	Rs.550-675 T

(T-Traded; N-Nominal)

Next Auction on 07.03.2003 at 11.00 a.m. at the CDA Duke Street Office

CDA Next Auction on 06.03.2003 at 11.00 a.m. at the Duke street office

Next Auction on 07.03.2003 at 11.00 a.m. at the CDA Duke
Street Office

CDA Next Auction on 06.03.2003 at 11.00 a.m. at the Duke
street office