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		Exchange Rates on 17.01.2011 

(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		110.06		111.79
Sterling Pound	173.76		177.93
Euro		145.74		150.16
Swiss Franc	113.18		116.81
Canadian Dollar	110.38		114.04
Australian Dollar	107.76		111.35
Singapore Dollar	84.75		87.33
Japanese Yen	1.3189		1.3597


(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	293.86
Kuwait		Dinar	395.46
Oman		Rial	287.65
Qatar		Riyal	30.45
Saudi Arabia	Riyal	29.54
UAE		Dirham	30.16


(3) The Average Weighted Prime Lending Rate (AWPLR) and the Lowest Prime Rate (LPR) during the week ended 14th January, 2011 
by all commercial banks was 9.27 percent and 7.50 percent respectively.

(4) The Average Weighted Deposit Rate (AWDR) of commercial banks for the month of December, 2010 was 6.23 percent.		
		

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