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DateLine Tuesday, 2 September 2008

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EXCHANGE RATES ON 01.09.2008 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  107.26 108.44
Sterling Pound 193.21 196.10
Euro 156.46 159.13
Swiss Franc 96.87 98.67
Canadian Dollar 100.08 102.00
Australian Dollar 91.18 93.07
Singapore Dollar 75.25 76.57
Japanese Yen 0.9863 1.0055

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 286.20
Kuwait  Dinar 402.88
Oman Rial 280.34
Qatar Riyal 29.64
Saudi Arabian Riyal 28.77
UAE Dirham 29.37

The  Average Weighted Prime Lending Rates (AWPLR) & the Lowest Prime Rate (LPR)
during the week ended 08th August, 2008 by all commercial banks were 17.48 percent and 14.37 per cent respectively.
The Average Weighted Deposit Rate (AWDR) of the Commercial banks for the month of July, 2008 was 10.93 percent.

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