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		Exchange Rates 11.11.2008

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	170.71		173.79
EURO		138.64		141.41
Swiss Franc	92.12		94.49
Canadian Dollar	90.86		93.23
Australian Dollar	72.79		74.80
Singapore Dollar	72.84		74.30
Japanese Yen	1.1134		1.1384

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		291.77	
Kuwait		Dinar		407.22
Oman		Rial		285.74
Qatar		Riyal		 30.21
Saudi Arabia	Riyal		 29.32
UAE		Dirham		 29.95

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 October 2008 was 11.28 per cent.
		
		

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