Online edition of Daily News

News

Business

Features

Editorial

Security

Politics

World

Letters

Sports

Obituaries

Archives

| EXCHANGE RATES | COCONUTS |

EXCHANGE RATES

EXCHANGE RATES ON 28.02.2005 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	98.97	99.90
Sterling Pound	189.95	192.40
Euro	130.99	132.89
Swiss Franc	84.83	86.63
Australian Dollar	77.76	79.20
Japanese Yen	0.9420	0.9576

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	263.80
Kuwait	Dinar	340.59
Oman	Rial	258.33
Qatar	Riyal	27.33
Saudi Arabian	Riyal	26.52
UAE	Dirham	27.08

The Average Weighted Prime Lending Rates (AWPLR) & the Lowest Prime Rate (LPR) during the week ended 18th February, 2005 by all commercial banks were 9.75 percent and 08.25 per cent respectively.
The Average Weighted Deposit Rate (AWDR) of Commercial banks for the month of January, 2005 was 05.35 percent.

COCONUTS

Prices of Coconut Products on 28-02-2005

1. COPRA (per 250 kgs)
a) Date of Auction - 28.02.2005
b) Quantity of Copra offered	13,700 Kgs.
c) Quantity of copra sold	13,700 Kgs.
d) Simple average price - White Edible Copra	-
e) Simple average price - Edible Copra	-
f) Highest price - M.S. No. 1 Copra	26,000 T
g) Simple average price - M. S. No 1 Copra	25,935 T
h) Simple average Price - M. S. No. 2 Copra	17,300 T
i) Highest price - M. O. No. 1 Copra	-
j) Simple average Price - M.O. No. 1 Copra	-

Next Auction on 02.03.2005 at 11.00 a.m. at the CDA Duke
Street Office

2. FRESH COCONUT (per 1,000 nuts)
a) Local Market	Rs. 14,500-19,000 T
b) Date & Price of Auction:
CDA (24.02.2005)
Highest Price	Rs 21,160 T
Lowest Price	Rs 15,500 T
Average Price	Rs 19,215 T
Quantity Traded (Nuts)	572,623 N
c) LHP - (22.02.2005)	-
Highest Price	20,250 T
Lowest Price	16,700 T
Average Price	17,785 T
Quantity Traded ( Nuts)	55,250 Nuts

CDA Next Auction on 29.03.2005 at 10.00 a.m. at
"Siri Madura", Kuliyapitiya.

3. DESICCATED COCNUTS (per Kg)
a) Fine	Rs. 120.00 N
( i) Modernaized D/C Mills	-
(ii) Traditoanal D/C Mills	-
b) Mediam	Rs. 121.00 N
c) Sri Lanka (CIF London)	-
4. COCONUT OIL (per Mt)
a) Local price	Rs.90,000-105,000 T
b) Philippines (CIF Rott)	-
c) Philippines (CIF New York)	-
5. POONAC (per Mt)	Rs. 23,000-26,500 T
6. MATTRESS FIBRE (per 50 kgs)
a) FAQ	Rs. 375-400 T
b) Superior	Rs. 400-450 T
c) Hand Twisted	-
7. OMAT FIBRE FAQ ( per 50 kgs)	Rs. 600-700 T
8. BRISTLE FIBRE 1 tie (per 50kgs)	Rs. 1,000-1,100 T
a) Ordinary	-
b) Superior Hackleable	-
c) Semi Hackled	-
9. BRISTLE FIBRE 2 tie (Hackled per 50 kgs	Rs. 1,400-1,600 T
10. COCONUTS SHELL CHARCOAL	Rs. 20,000-21,000 T
(per MT)
11.COCONUT EKELS (per 50 kgs)	Rs. 1,000 T

(T-Traded; N-Nominal)

Next Auction on 02.03.2005 at 11.00 a.m. at the CDA Duke Street Office

CDA Next Auction on 29.03.2005 at 10.00 a.m. at "Siri Madura", Kuliyapitiya.

Next Auction on 02.03.2005 at 11.00 a.m. at the CDA Duke
Street Office

CDA Next Auction on 29.03.2005 at 10.00 a.m. at
"Siri Madura", Kuliyapitiya.