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Wednesday, 3 March 2011

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	            Exchange Rates on 01.03.2011 

(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		109.92		111.64
Sterling Pound	178.25		182.41
Euro		150.91		155.00
Swiss Franc	117.43		120.81
Canadian Dollar	112.59		115.62
Australian Dollar	111.17		114.53
Singapore Dollar	86.01		88.35
Japanese Yen	1.3343		1.3709

(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		293.84
Kuwait		Dinar		397.81
Oman		Rial		287.76
Qatar		Riyal		30.42
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 February 25, 2011 by
 all commercial banks was 9.13 percent and 7.10 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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