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DateLine Wednesday, 17 October 2007

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EXCHANGE RATES ON 16.10.2007 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  112.80 113.92
Sterling Pound 229.85 233.28
Euro 159.61 162.38
Swiss Franc 94.83 97.21
Canadian Dollar 114.56 117.63
Australian Dollar 100.64 103.00
Singapore Dollar 76.57 78.03
Japanese Yen 0.9563 0.9761

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 301.03
Kuwait  Dinar 404.79
Oman Rial 294.81
Qatar Riyal 31.18
Saudi Arabian Riyal 30.35
UAE Dirham 30.90

The  Average Weighted Prime Lending Rates (AWPLR) & the Lowest Prime Rate (LPR)
during the week ended 12th Ocoober, 2007 by all commercial banks were 18.89 percent and14.88 per cent respectively.
The Average Weighted Deposit Rate (AWDR) of the Commercial banks for the month of September, 2007 was 9.65 percent.

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