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| EXCHANGE RATES  | COCONUTS |

EXCHANGE RATES 

EXCHANGE RATES ON 31.10.2003 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  94.57 95.21
Sterling Pound 159.97 161.94
Euro 109.47 111.06
Swiss Franc 70.42 71.94
Australian Dollar 66.13 67.58
Japanese Yen 0.8654 0.8806

The Approximate Exchange Rates of GULF Currencies based on previous day's Market Weighted Average Rate for the Us$ are as follow.

Country

Currency

Indicative Rate(RS.)
Bahrain Dinar   251.37
Kuwait  Dinar 322.24
Oman Rial 246.16
Qatar Riyal  26.03
Saudi Arabian Riyal    25.27
UAE Dirham 25.80

The  Average Weighted Prime Lending Rates (AWPLR) & the Lowest Prime Rate (LPR) during the week ended 23rd, October 2003 by all commercial banks were 8.96 percent and 07.75 per cent respectively.

The Average Weighted Deposit Rate (AWDR) of Commercial banks for the month September, 2003 was 05.53 percent.  

 

COCONUTS

Prices of Coconut Products on 30.10.2003

1. COPRA (per 250 kgs)  
     a) Date of Auction  - 31.10.2003  
     b) Quantity of Copra offered 35,280 Kgs
     c) Quantity of copra sold 13,000 Kgs
     d) Simple average price - White Edible Copra  
     e) Simple average price  - Edible Copra  
     f) Highest price - M.S. No. 1 Copra 13,500 T
     g) Simple average price - M. S. No 1 Copra 13,500 T
     h) Simple average Price - M. S. No. 2 Copra 10,400 T
     i) Highest price - M. O. No. 1 Copra -
     j) Simple average Price - M.O. No. 1 Copra -

Next Auction on 05.11.2003 at 11.00 a.m. at the CDA Duke
Street Office

2. FRESH COCONUT (per 1,000 nuts)  
     a) Local Market Rs. 7,500-8,000 T
     b) Date & Price of Auction:  
         CDA (30.10.2003)  
              Highest Price Rs 8,900 T
              Lowest Price Rs 7,400 T
              Average Price Rs 8,325 T
      Quantity Traded (Nuts)    787,313 N
      LHP-(30.10.2003) -
              Highest Price 9,300 T
              Lowest Price 7,500 T
             Average Price 8,470 T
             Quantity Traded ( Nuts) 621,680 N
     c) Date & Price of Tender -
         CCB -
         CRB (-) -
         NLDB(-) -
         LHP (-)  -

CDA Next Auction on 06.11.2003 at 11.00 a.m. at the Duke
street office

3. DESICCATED COCNUTS (per Kg)  
     a) Local Price  
       ( i) Modernaized D/C Mills Rs. 65.00 T
       (ii) Traditoanal D/C Mills Rs. 64.00 T
     b) Philippines (CIF London) -
     c) Sri Lanka (CIF London) -
4. COCONUT OIL (per Mt)  
     a) Local price Rs. 65,000 -67,000 T
     b) Philippines (CIF London) Rs.48,755  
     c) Philippines (CIF New York) Rs. 42,785 
5. POONAC (per Mt) Rs. 13,000-14,000 N 
6. MATTRESS FIBRE (per 50 kgs)  
     a) FAQ Rs. 390-400 T
     b) Superior Rs. 400-425 T
     c) Hand Twisted Rs. 550 T
7. OMAT FIBRE FAQ ( per 50 kgs) Rs. 600-700 T
8. BRISTLE FIBRE 1 tie (per 50kgs)  
     a) Ordinary Rs. 900-1,000 T
     b) Superior Hackleable   Rs. 1,000-1,100 T
     c) Semi Hackled Rs.1,400 T
9. BRISTLE FIBRE 2 tie (Hackled per 50 kgs Rs. 1,400-1,600 T
10. COCONUTS SHELL CHARCOAL Rs. 18,500 T
(per MT)
11.COCONUT EKELS (per 50 kgs) Rs. 450 T

(T-Traded; N-Nominal)

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