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Friday, 11 March 2011

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		Exchange Rates on 10.03.2011 

(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		109.28		111.02
Sterling Pound	176.42		180.66
Euro		151.04		155.30
Swiss Franc	116.54		120.68
Canadian Dollar	111.81		115.55
Australian Dollar	109.26		112.96
Singapore Dollar	85.58		88.12
Japanese Yen	1.3117		1.3525


(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		291.79
Kuwait		Dinar		395.46
Oman		Rial		285.73
Qatar		Riyal		30.21
Saudi Arabia	Riyal		29.33
UAE		Dirham		29.95


(3) The Average Weighted Prime Lending Rate (AWPLR) and the Lowest Prime Rate (LPR) during the week ended March 04, 2011 
by all commercial banks was 9.04 percent and 7.00 percent respectively.

(4) The Average Weighted Deposit Rate (AWDR) of commercial banks for the month of February, 2011 was 6.20 percent.		
		

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