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		Exchange Rates on 17.12.2010 


(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		110.18		111.88
Sterling Pound	171.69		175.71
Euro		145.29		149.54
Swiss Franc	114.03		116.95
Canadian Dollar	109.09		112.01
Australian Dollar	108.44		111.63
Singapore Dollar	83.43		85.78
Japanese Yen	1.3071		1.3427


(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		294.34
Kuwait		Dinar		393.60
Oman		Rial		288.11
Qatar		Riyal		30.47
Saudi Arabia	Riyal		29.59
UAE		Dirham		30.21


(3) The Average Weighted Prime Lending Rate (AWPLR) and the Lowest Prime Rate (LPR) during the week ended 10th December, 2010 
by all commercial banks was 9.25 percent and 7.75 percent respectively.

(4) The Average Weighted Deposit Rate (AWDR) of commercial banks for the month of November, 2010 was 6.24 percent.		
		

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