Exchange Rates 30.10.2008

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		107.41		108.60
Sterling Pound	177.30		180.78
EURO		141.26		144.49
Swiss Franc	94.64		97.46
Canadian Dollar	88.25		90.86
Australian Dollar	72.74		75.26
Singapore Dollar	72.82		74.48
Japanese Yen	1.0823		1.1110

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		286.48	
Kuwait	Dinar		402.14
Oman	Rial		280.52
Qatar	Riyal		29.66
Saudi Arabia	Riyal	28.78
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.