Exchange Rates on 16.07.2010 

(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		112.01		113.64
Sterling Pound	172.28		175.92
Euro		143.95		147.49
Swiss Franc	106.50		109.92
Canadian Dollar	106.62		110.18
Australian Dollar	97.59		100.60
Singapore Dollar	81.05		83.03
Japanese Yen	1.2767		1.3116

(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		299.35
Kuwait		Dinar		390.36
Oman		Rial		293.13
Qatar		Riyal		31.02
Saudi Arabia	Riyal		30.09
UAE		Dirham		30.73


(3) The Average Weighted Prime Lending Rate (AWPLR) and the Lowest Prime Rate (LPR) during the week ended 9th July, 2010 
by all commercial banks was 10.31 percent and 8.60 percent respectively.


(4) The Average Weighted Deposit Rate (AWDR) of commercial banks, for the month of June, 2010 was 7.00 percent.