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		Exchange Rates 07.10.2008

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			107.32			108.58
Sterling Pound		186.73		189.76
EURO			144.38		146.97
Swiss Franc		93.22		95.10
Canadian Dollar		97.07		99.07
Australian Dollar		76.96		78.73
Singapore Dollar		72.91		74.41
Japanese Yen		1.0467		1.0686

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		286.42	
Kuwait	Dinar		403.11
Oman	Rial		280.51
Qatar	Riyal		29.66
Saudi Arabia Riyal		28.71
UAE	Dirham		29.40


The Average Weighted Prime Lending Rate (AWPR) and the Lowest Prime Rate (LPR) 
during the week ended 03rd October, 2008 by all commercial banks was 21.19 
per cent and 18.00 per cent respectively.

The Average Weighted Deposit Rate (AWDR) of the commercial banks, for the month
of August 2008 was 11.03 per cent.
		
		

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