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DateLine Thursday, 15 May 2008

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EXCHANGE RATES ON 14

14.05.2008 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  107.08 108.15
Sterling Pound 207.73 210.90
Euro 1664.93 167.76
Swiss Franc 101.89 103.49
Canadian Dollar 105.72 108.54
Australian Dollar 99.99 102.31
Singapore Dollar 77.50 79.98
Japanese Yen 1.0174 1.0404

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 285.59
Kuwait  Dinar 404.05
Oman Rial 279.69
Qatar Riyal 29.56
Saudi Arabian Riyal 28.71
UAE Dirham 29.31

The  Average Weighted Prime Lending Rates (AWPLR) & the Lowest Prime Rate (LPR)
during the week ended 9th May, 2008 by all commercial banks were 18.51percent and 14.33 per cent respectively.
The Average Weighted Deposit Rate (AWDR) of the Commercial banks for the month of April, 2008 was 10.58 percent.

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