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Saturday, 26 February 2011

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		Exchange Rates on 25.02.2011 

(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		110.02		111.76
Sterling Pound	176.95		181.19
Euro		151.21		155.47
Swiss Franc	117.88		122.07
Canadian Dollar	111.11		114.81
Australian Dollar	110.37		114.10
Singapore Dollar	85.60		88.13
Japanese Yen	1.3338		1.3754

(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		293.87
Kuwait		Dinar		397.53
Oman		Rial		287.78
Qatar		Riyal		30.42
Saudi Arabia	Riyal		29.54
UAE		Dirham		30.17


(3) The Average Weighted Prime Lending Rate (AWPLR) and the Lowest Prime
 Rate (LPR) during the week ended February 18, 2011 by all commercial banks
 was 9.17 percent and 7.50 percent respectively.

(4) The Average Weighted Deposit Rate (AWDR) of commercial banks for the
 month of January, 2011 was 6.21 percent.

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