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DateLine Thursday, 17 January 2008

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EXCHANGE RATES ON 16.01.2008 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  107.61 108.73
Sterling Pound 210.45 213.52
Euro 158.90 161.52
Swiss Franc 97.46 99.28
Canadian Dollar 105.19 107.21
Australian Dollar 95.83 97.83
Singapore Dollar 74.96 76.28
Japanese Yen 0.9849 1.0041

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 287.68
Kuwait  Dinar 396.81
Oman Rial 281.39
Qatar Riyal 29.75
Saudi Arabian Riyal 28.88
UAE Dirham 29.49

The  Average Weighted Prime Lending Rates (AWPLR) & the Lowest Prime Rate (LPR)
during the week ended 04th January, 2008 by all commercial banks were 19.33 percent and16.88

 per cent respectively.
The Average Weighted Deposit Rate (AWDR) of the Commercial banks for the month of December, 2007 was 10.31 percent.

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