Exchange Rates 28.10.2008

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		107.36		108.67
Sterling Pound	165.93		169.23
EURO		132.50		135.54
Swiss Franc	92.10		94.29
Canadian Dollar	82.18		84.14
Australian Dollar	64.35		66.46
Singapore Dollar	70.72		72.27
Japanese Yen	1.1437		1.1763

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		286.50	
Kuwait		Dinar		401.97
Oman		Rial		280.54
Qatar		Riyal		29.67
Saudi Arabia	Riyal		28.80
UAE		Dirham		29.40

The Average Weighted Prime Lending Rate (AWPR) and the Lowest Prime Rate
(LPR) during the week ended 24th October, 2008 by all commercial banks was
20.00 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.