Wednesday, 28 May 2003    
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| EXCHANGE RATES  | COCONUTS |

EXCHANGE RATES 

EXCHANGE RATES ON 27.05.2003 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  96.99 97.38
Sterling Pound 158.85 160.30
Euro 114.85 116.30
Swiss Franc 75.02 76.36
Australian Dollar 63.71 64.88
Japanese Yen 0.8279 0.8392

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

Country

Currency

Indicative Rate(RS.)
Bahrain Dinar   257.88
Kuwait  Dinar 325.91
Oman Rial 252.53
Qatar Riyal  26.71
Saudi Arabian Riyal    25.93
UAE Dirham 26.47

The  Average Weighted Prime Lending Rates (AWPLR) & the Lowest Prime Rate (LPR) during the week ended 23rd, May 2003 by all commercial banks were 10.6 percent and 08.50 per cent respectively.

The Average Weighted Deposit Rate (AWDR) of Commercial banks for the month April, 2003 was 06.32 percent.  

 

COCONUTS

Prices of Coconut Products on 27.05.2003

1. COPRA (per 250 kgs)  
     a) Date of Auction   23.02.2003
     b) Quantity of Copra offered 18,000  Kgs
     c) Quantity of copra sold 9,000  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 11,500 T
     i) Highest price - M. O. No. 1 Copra -
     j) Simple average Price - M.O. No. 1 Copra -

Next Auction on 28.05.2003 at 11.00 a.m. at the CDA Duke
Street Office

2. FRESH COCONUT (per 1,000 nuts)  
     a) Local Market Rs. 8,500 T
     b) Date & Price of Auction:  
         CDA (22.05.2003)  
              Highest Price Rs 10,210 T
              Lowest Price Rs 7,590 T
              Average Price Rs 9,010 T
      Quantity Traded (Nuts) 1,110,780 Nuts
      WCCI(-) -
              Highest Price -
              Lowest Price -
             Average Price -
             Quantity Traded ( Nuts) -
     c) Date & Price of Tender -
         CCB -
         CRB (-) -
         NLDB(-) -
         LHP ( 22.05.2003)  8,990 T

CDA Next Auction on 29.05.2003 at 11.00 a.m. at the Duke
street office

3. DESICCATED COCNUTS (per Kg)  
     a) Local Price  
       ( i) Modernaized D/C Mills Rs. 71.00 T
       (ii) Traditoanal D/C Mills Rs. 70.00 T
     b) Philippines (CIF London) -
     c) Sri Lanka (CIF London) -
4. COCONUT OIL (per Mt)  
     a) Local price Rs. 65,000 N
     b) Philippines (CIF London) 42,113  
     c) Philippines (CIF New York)
5. POONAC (per Mt) Rs. 18,000 N
6. MATTRESS FIBRE (per 50 kgs)  
     a) FAQ Rs. 330-350 T
     b) Superior Rs. 350-370 T
     c) Hand Twisted Rs. 500 T
7. OMAT FIBRE FAQ ( per 50 kgs) Rs. 600-650 T
8. BRISTLE FIBRE 1 tie (per 50kgs)  
     a) Ordinary Rs. 900-1,000 T
     b) Superior Hackleable   Rs. 1,000 T
     c) Semi Hackled Rs. 1,350 T
9. BRISTLE FIBRE 2 tie (Hackled per 50 kgs Rs. 1,400 T
10. COCONUTS SHELL CHARCOAL Rs. 18,000 N
(per MT)
11.COCONUT EKELS (per 50 kgs) Rs. 800-875 T

(T-Traded; N-Nominal)

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