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EXCHANGE RATES ON 02.06.2008 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  107.17 108.38
Sterling Pound 211.51 214.52
Euro 166.05 168.54
Swiss Franc 101.92 103.65
Canadian Dollar 107.99 109.88
Australian Dollar 102.02 103.78
Singapore Dollar 78.34 79.59
Japanese Yen 1.0125 1.0312

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 286.11
Kuwait  Dinar 407.08
Oman Rial 280.14
Qatar Riyal 29.62
Saudi Arabian Riyal 28.76
UAE Dirham 29.37

The  Average Weighted Prime Lending Rates (AWPLR) & the Lowest Prime Rate (LPR)
during the week ended 23rd May, 2008 by all commercial banks were 19.71 percent and 14.75 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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