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Government Gazette

Exchange Rates 09.10.2008

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 	107.43 		108.57
Sterling Pound 	185.13 		188.29
EURO 		146.17 		149.06
Swiss Franc 	94.43 		97.07
Canadian Dollar 	94.71 		97.44
Australian Dollar 	72.88 		75.12
Singapore Dollar 	72.79 		74.38
Japanese Yen 	1.0610 		1.0858

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 		286.44 
Kuwait 	Dinar 		402.68
Oman 	Rial 		280.53
Qatar 	Riyal 		29.65
Saudi 	Arabia Riyal 	28.67
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 September 2008 was 11.03 per cent.

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