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| EXCHANGE RATES | COCONUTS |

EXCHANGE RATES

EXCHANGE RATES ON 19.10.2004 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	103.53	104.31
Sterling Pound	185.42	187.76
Euro	128.49	130.46
Swiss Franc	83.26	85.06
Australian Dollar	74.36	75.97
Japanese Yen	0.9423	0.9586

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	275.74
Kuwait	Dinar	352.74
Oman	Rial	270.03
Qatar	Riyal	28.56
Saudi Arabian	Riyal	27.72
UAE	Dirham	28.30

The Average Weighted Prime Lending Rates (AWPLR) & the Lowest Prime Rate (LPR) during the week ended 15th October, 2004 by all commercial banks were 9.60 percent and 08.00 per cent respectively.
The Average Weighted Deposit Rate (AWDR) of Commercial banks for the month of September, 2004 was 05.22 percent.

COCONUTS

Prices of Coconut Products on 19-10-2004

1. COPRA (per 250 kgs)
a) Date of Auction - 15.10.2004
b) Quantity of Copra offered	14,500 Kgs.
c) Quantity of copra sold	14,500 Kgs.
d) Simple average price - White Edible Copra	18,050 T
e) Simple average price - Edible Copra	17,930 T
f) Highest price - M.S. No. 1 Copra	15,510 T
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 20.10.2004 at 11.00 a.m. at the CDA Duke
Street Office

2. FRESH COCONUT (per 1,000 nuts)
a) Local Market	Rs. 9,000-10,000 T
b) Date & Price of Auction:
CDA (14.10.2004)
Highest Price	Rs 11,880 T
Lowest Price	Rs 9,500 T
Average Price	Rs 11,100 T
Quantity Traded (Nuts)	853,967 N
c) LHP - (14.10.2004)	-
Highest Price	12,550 T
Lowest Price	9,310 T
Average Price	10,960 T
Quantity Traded ( Nuts)	335,530 Nuts

CDA Next Auction on 21.10.2004 at 10.00 a.m. at the Duke
street office

3. DESICCATED COCNUTS (per Kg)
a) Local Price
( i) Modernaized D/C Mills	Rs. 95.00 N
(ii) Traditoanal D/C Mills	Rs. 94.00 T
b) Philippines (CIF London)	-
c) Sri Lanka (CIF London)	-
4. COCONUT OIL (per Mt)
a) Local price	Rs.85,000-87,000 T
b) Philippines (CIF London)	-
c) Philippines (CIF New York)	-
5. POONAC (per Mt)	Rs. 14,000 T
6. MATTRESS FIBRE (per 50 kgs)
a) FAQ	Rs. 550-600 T
b) Superior	Rs. 575-600 T
c) Hand Twisted	Rs. 750 T
7. OMAT FIBRE FAQ ( per 50 kgs)	Rs. 700-900 T
8. BRISTLE FIBRE 1 tie (per 50kgs)
a) Ordinary	Rs. 900-1,100 T
b) Superior Hackleable	Rs. 1,000-1,100 T
c) Semi Hackled	Rs1,300-1,350 T
9. BRISTLE FIBRE 2 tie (Hackled per 50 kgs	Rs. 1,450-1,800 T
10. COCONUTS SHELL CHARCOAL	Rs. 15,000-16,000 T
(per MT)
11.COCONUT EKELS (per 50 kgs)	Rs. 600-650 T

(T-Traded; N-Nominal)

Next Auction on 20.10.2004 at 11.00 a.m. at the CDA Duke Street Office

CDA Next Auction on 21.10.2004 at 10.00 a.m. at the Duke street office

Next Auction on 20.10.2004 at 11.00 a.m. at the CDA Duke
Street Office

CDA Next Auction on 21.10.2004 at 10.00 a.m. at the Duke
street office