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		Exchange Rates on 13.11.2008

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	162.82		165.79
EURO		135.78		138.50
Swiss Franc	91.39		93.84
Canadian Dollar	87.95		90.23
Australian Dollar	69.57		71.59
Singapore Dollar	72.04		73.56
Japanese Yen	1.1371		1.1647

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	291.78	
Kuwait		Dinar	406.35
Oman		Rial	285.71
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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