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DateLine Wednesday, 23 May 2007

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EXCHANGE RATES ON 22.05.2007 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  110.19 111.55
Sterling Pound 216.60 220.48
Euro 147.65 150.74
Swiss Franc 88.85 91.35
Canadian Dollar 100.68 103.65
Australian Dollar 89.75 92.21
Singapore Dollar 71.62 73.24
Japanese Yen 0.9021 0.9233

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 294.05
Kuwait  Dinar 384.83
Oman Rial 287.98
Qatar Riyal 30.46
Saudi Arabian Riyal 29.56
UAE Dirham 30.19

The  Average Weighted Prime Lending Rates (AWPLR) & the Lowest Prime Rate (LPR)
during the week ended 18th May, 2007 by all commercial banks were 15.95 percent and14.00 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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