Exchange Rates on 17.05.2010 

(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 follows:

Currency		Buying Rate	Selling Rate
U.S. Dollar		112.97		114.57
Sterling Pound	160.91		164.46
Euro		137.84		141.31
Swiss Franc	98.13		101.22
Canadian Dollar	107.36		110.91
Australian Dollar	98.03		100.98
Singapore Dollar	80.45		82.43
Japanese Yen	1.2206		1.2534

(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		301.62
Kuwait		Dinar		391.03
Oman		Rial		295.37
Qatar		Riyal		31.23
Saudi Arabia	Riyal		30.32
UAE		Dirham		30.96

(3) The Average Weighted Prime Lending Rate (AWPLR) and the Lowest Prime Rate 
(LPR) during the week ended May 14, 2010 by all commercial banks was 10.50 percent and 9.15 percent respectively.
(4) The Average Weighted Deposit Rate (AWDR) of commercial banks, for the month of April, 2010 was 7.13 percent.