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	Exchange Rates on 19-Dec-08 in SLRS

(1) The average rates of the following currencies quoted by commercial banks in Colombo.


Currency		Buying Rate	Selling Rate

U.S. Dollar		111.16		112.57
Sterling Pound	168.01		171.17
EURO		158.20		161.52
Swiss Franc	102.70		105.03
Canadian Dollar	91.86		93.95
Australian Dollar	76.11		78.21
Singapore Dollar	76.60		78.25
Japanese Yen	1.2395		1.2720

(2) 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		296.87
Kuwait		Dinar		407.94
Oman		Rial		290.65
Qatar		Riyal		30.73
Saudi Arabia	Riyal		29.83
UAE		Dirham		30.47

(3) The Average Weighted Prime Lending Rate (AWPLR) and the Lowest Prime Rate (LPR) 
during the week ended 11th December, 2008 by all commercial banks were 20.62 percent 
and 18.85 percent respectively.

(4) The Average Weighted Deposit Rate (AWDR) of Commercial banks for the month of 
November, 2008 was 11.39 percent.

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