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| EXCHANGE RATES  | COCONUTS |

EXCHANGE RATES 

EXCHANGE RATES ON 12.08.2004 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  103.38 104.37
Sterling Pound 189.00 191.55
Euro 126.08 128.06
Swiss Franc 81.77 83.16
Australian Dollar 73.48 74.87
Japanese Yen 0.9311 0.9474

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 275.82
Kuwait  Dinar 352.33
Oman Rial 270.11
Qatar Riyal 28.56
Saudi Arabian Riyal 27.73
UAE Dirham 28.31

The  Average Weighted Prime Lending Rates (AWPLR) & the Lowest Prime Rate (LPR) during the week ended  06th August, 2004 by all commercial banks were 09.96 percent and 08.70 per cent respectively.
The Average Weighted Deposit Rate (AWDR) of Commercial banks for the month of July, 2004 was 04.95 percent.
 

COCONUTS

Prices of Coconut Products on 11-08-2004

1. COPRA (per 250 kgs)  
     a) Date of Auction  - 11.08.2004  
     b) Quantity of Copra offered 33,000 Kgs.
     c) Quantity of copra sold 20,000 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

   16,550 T

     h) Simple average Price - M. S. No. 2 Copra 14,250 T
     i) Highest price - M. O. No. 1 Copra -
     j) Simple average Price - M.O. No. 1 Copra -

Next Auction on 11.08.2004 at 11.00 a.m. at the CDA Duke
Street Office

2. FRESH COCONUT (per 1,000 nuts)  
     a) Local Market Rs. 10,000 T
     b) Date & Price of Auction:
         CDA (12.08.2004)  
              Highest Price Rs 13,300 T
              Lowest Price Rs 10,000 T
              Average Price Rs 12,460 T
      Quantity Traded (Nuts) 1,085,838 N
     c) LHP - (08.07.2004) -
         Highest Price - T
         Lowest Price - T
         Average Price -T
         Quantity Traded ( Nuts)  -Nuts

CDA Next Auction on 19.08.2004 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. 93.00 T
     b) Philippines (CIF London) -
     c) Sri Lanka (CIF London) -
4. COCONUT OIL (per Mt)  
     a) Local price Rs.85,000-86,000 T
     b) Philippines (CIF London) -
     c) Philippines (CIF New York) -
5. POONAC (per Mt) Rs. 12,500 T 
6. MATTRESS FIBRE (per 50 kgs)  
     a) FAQ Rs. 500-520 T
     b) Superior Rs. 540-580 T
     c) Hand Twisted Rs. 700-750 T
7. OMAT FIBRE FAQ ( per 50 kgs) Rs. 700-850 T
8. BRISTLE FIBRE 1 tie (per 50kgs)  
     a) Ordinary Rs. 850-1,100 T
     b) Superior Hackleable   Rs. 1,050-1,300 T
     c) Semi Hackled Rs1,400 T
9. BRISTLE FIBRE 2 tie (Hackled per 50 kgs Rs. 1,400-1,450 T
10. COCONUTS SHELL CHARCOAL Rs. 15,000 T
(per MT)
11.COCONUT EKELS (per 50 kgs) Rs. 600-675 T

(T-Traded; N-Nominal)

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