Exchange Rates 21.10.2008

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		107.40		108.66
Sterling Pound	184.09		187.48
EURO		142.53		145.57
Swiss Franc	92.94		94.92
Canadian Dollar	89.65		91.60
Australian Dollar	74.48		76.57
Singapore Dollar	72.58		74.05
Japanese Yen	1.0487		1.0739

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	401.57
Oman	Rial	280.52
Qatar	Riyal	29.68
Saudi Arabia Riyal	28.74
UAE	Dirham	29.41


The Average Weighted Prime Lending Rate (AWPR) and the Lowest Prime Rate (LPR) during the week ended
 17th October, 2008 by all commercial banks was 19.79 per cent and 15.25 per cent respectively.

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