Exchange Rates on 23-Jan-09 in SLRS

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

U.S. Dollar		113.16		114.79
Sterling Pound	155.65		158.83
Euro		146.13		149.43
Swiss Franc	97.10		99.96
Canadian Dollar	89.49		92.11
Australian Dollar	73.40		75.62
Singapore Dollar	74.96		76.72
Japanese Yen	1.2671		1.2993

(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	301.99
Kuwait		Dinar	396.26
Oman		Rial	295.75
Qatar		Riyal	31.28
Saudi Arabia	Riyal	30.36
UAE		Dirham	31.00

(3) The Average Weighted Prime Lending Rate (AWPLR) and the Lowest Prime Rate (LPR) during the week ended 16th January, 2009
 by all commercial banks were 18.60 per cent and 15.28 per cent respectively.

(4) The Average Weighted Deposit Rate (AWDR) of commercial banks for the month of December, 2008 was 11.63 per cent.