Exchange Rates 06.11.2008

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		109.35		110.66
Sterling Pound	172.34		175.67
EURO		139.98		142.98
Swiss Franc	93.19		95.75
Canadian Dollar	92.38		94.96
Australian Dollar	72.99		75.23
Singapore Dollar	73.13		74.85
Japanese Yen	1.1080		1.1361

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	291.75	
Kuwait		Dinar	407.42
Oman		Rial	285.73
Qatar		Riyal	 30.21
Saudi Arabia	Riyal	 29.29
UAE		Dirham	 29.95

The Average Weighted Prime Lending Rate (AWPR) and the Lowest Prime Rate (LPR) during the week 
ended 31st October, 2008 by all commercial banks was 20.72 per cent and 15.25 per cent respectively.
The Average Weighted Deposit Rate (AWDR) of the commercial banks, for the month of October 2008 
was 11.28 per cent.