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DateLine Thursday, 8 March 2007

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EXCHANGE RATES ON 07.03.2007 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  108.42 109.48
Sterling Pound 208.75 211.97
Euro             141.76 144.25
Swiss Franc 87.97 90.15
Canadian Dollar 91.48 93.82
Australian Dollar 83.45 85.49
Singapore Dollar 70.61 71.95
Japanese Yen 0.9269 0.9460

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 288.89
Kuwait  Dinar 376.60
Oman Rial 282.91
Qatar Riyal 29.93
Saudi Arabian Riyal 29.05
UAE Dirham 29.66

The  Average Weighted Prime Lending Rates (AWPLR) & the Lowest Prime Rate (LPR)
during the week ended 02nd March, 2007 by all commercial banks were 15.86 percent and10.50 per cent respectively.
The Average Weighted Deposit Rate (AWDR) of the Commercial banks for the month of February, 2007 was 8.18 percent.

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