Exchange Rates 29.09.2008

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		108.50
Sterling Pound		195.83		198.86
EURO			155.09		157.80
Swiss Franc	 	97.49	 	99.38
Canadian Dollar		103.09		105.19
Australian Dollar		88.56		90.46
Singapore Dollar		74.78		76.17
Japanese Yen		1.0032		1.0234

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		286.17	
Kuwait		Dinar		402.71
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 26th September, 2008 by all commercial banks was 20.38 per
cent and 16.75 per cent respectively.

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