Exchange Rates on 18-Nov-08 in SLRS

(1) The average rates of the following currencies quoted by commercial banks in Colombo 
for Telegraphic Transfers (TT) at 9.30 a.m. are as follow.


Currency		Buying Rate	Selling Rate
U.S. Dollar		109.42		110.75
Sterling Pound	163.50		166.53
Euro		137.53		140.43
Swiss Franc	90.58		93.02
Canadian Dollar	88.32		90.73
Australian Dollar	70.10		72.18
Singapore Dollar	71.40		72.93
Japanese Yen	1.1255		1.1527

(2) The approximate exchange rates of GULF Currencies based on previous day’s market weighted 
average rate for the US$ are as follow:

Country		Currency	Indicative Rate
Bahrain		Dinar	291.84
Kuwait		Dinar	405.24
Oman		Rial	285.71
Qatar		Riyal	30.21
Saudi Arabia	Riyal	29.32
UAE		Dirham	29.95

(3) The Average Weighted Prime Lending Rate (AWPLR) and the Lowest Prime Rate (LPR) 
during the week ended 14th November, 2008 
by all commercial banks were 20.84 per cent and 15.50 per cent respectively.

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