Exchange Rates on 18.05.2010

(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		114.61
Sterling Pound	162.53		165.97
Euro		138.73		142.13
Swiss Franc	98.64		101.71
Canadian Dollar	108.34		111.94
Australian Dollar	97.82		100.81
Singapore Dollar	80.78		82.72
Japanese Yen	1.2159		1.2486

(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		301.76
Kuwait		Dinar		390.67
Oman		Rial		295.50
Qatar		Riyal		31.27
Saudi Arabia	Riyal		30.34
UAE		Dirham		30.97

(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.