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DateLine Tuesday, 11 November 2008

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Exchange Rates 10.11.2008
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		109.41		110.68
Sterling Pound	172.74		176.27
EURO		140.00		143.30
Swiss Franc	92.37		95.11
Canadian Dollar	92.10		94.89
Australian Dollar	74.50		77.07
Singapore Dollar	73.32		75.00
Japanese Yen	1.0964		1.1261

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			291.65	
Kuwait		Dinar			407.44
Oman		Rial			285.63
Qatar		Riyal	 		30.20	
Saudi Arabia	Riyal			 29.28		
UAE		Dirham	 		29.94


The Average Weighted Prime Lending Rate (AWPR) and the Lowest Prime Rate (LPR) during
the week ended 07th November, 2008 by all commercial banks was 20.75 per cent and
15.50 per cent respectively.

The Average Weighted Deposit Rate (AWDR) of the commercial banks, for the month of 
ctober 2008 was 11.28 per cent.	

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