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DateLine Wednesday, 16 May 2007

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EXCHANGE RATES ON 14.05.2007 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  110.17 111.49
Sterling Pound 217.75 221.41
Euro           147.99 150.83
Swiss Franc 89.87 91.85
Canadian Dollar 98.68 100.88
Australian Dollar 90.71 92.91
Singapore Dollar 72.23 73.76
Japanese Yen 0.9139 0.9348

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 294.13
Kuwait  Dinar 383.50
Oman Rial 288.01
Qatar Riyal 30.46
Saudi Arabian Riyal 29.57
UAE Dirham 30.19

The  Average Weighted Prime Lending Rates (AWPLR) & the Lowest Prime Rate (LPR)
during the week ended 04th May, 2007 by all commercial banks were 18.67 percent and13.50 per cent respectively.
The Average Weighted Deposit Rate (AWDR) of the Commercial banks for the month of April, 2007 was 8.34 percent.

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