Exchange Rates on 29.12.2010 

(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		110.15		111.85
Sterling Pound	168.99		172.96
Euro		143.60		147.82
Swiss Franc	115.20		118.15
Canadian Dollar	109.50		112.43
Australian Dollar	110.51		113.75
Singapore Dollar	84.34		86.74
Japanese Yen	1.3319		1.3682


(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		294.30
Kuwait		Dinar		393.32
Oman		Rial		288.06
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 24th December, 2010 by
 all commercial banks was 9.42 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.