Exchange Rates 26.09.2008

The average rates of the following currencies quoted 
by commercial banks in Colombo for Telegraphic 
Transfers (TT) at 9.30 a.m. are as follows:

Currency		Buying Rate	Selling Rate
	
U.S. Dollar		107.29		108.38
Sterling Pound	197.36		200.21
EURO		156.93		159.38
Swiss Franc	98.27		100.66
Canadian Dollar	103.11		105.69
Australian Dollar	89.23		91.10
Singapore Dollar	75.20		76.50
Japanese Yen	1.0091		1.0294

The Approximate Exchange Rates of GULF Currencies, 
based on previous day’s Market Weighted Average 
Rate for the US$ are as follows:

Country		Currency		Indicative Rate

Bahrain		Dinar		286.18	
Kuwait		Dinar		403.55
Oman		Rial		280.27
Qatar		Riyal		29.63
Saudi Arabia	Riyal		28.74
UAE		Dirham		29.38

The Average Weighted Prime Lending Rate (AWPR) and 
the Lowest Prime Rate (LPR) during the week ended 19th September, 2008 
by all commercial banks was 19.53 per cent and 14.50 per cent respectively.

The Average Weighted Deposit Rate (AWDR) of the commercial banks, 
for the month of August 2008 was 10.91 per cent.