Exchange Rates on 18 May 09 

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

Currency		Buying Rate	Selling Rate
U.S. Dollar		114.61		117.14
Sterling Pound	173.14		177.97
Euro		153.42		158.05
Swiss Franc	101.16		104.96
Canadian Dollar	96.44		100.06
Australian Dollar	85.01		88.17
Singapore Dollar	77.47		79.90
Japanese Yen	1.2039		1.2435


(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		312.89
Kuwait		Dinar		405.99
Oman		Rial		306.34
Qatar		Riyal		32.41
Saudi Arabia	Riyal		31.42
UAE		Dirham		32.09


(3) The Average Weighted Prime Lending Rate (AWPLR) and the Lowest Prime Rate (LPR) during the week ended 15th May,
 2009 by all commercial banks were 18.27 percent and 14.14 percent respectively.

(4) The Average Weighted Deposit Rate (AWDR) of commercial banks for the month of April, 2009 was 11.52 percent.