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Thursday, 17 March 2011

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		Exchange Rates on 16.03.2011 


(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		109.61		111.35
Sterling Pound	175.37		179.58
Euro		152.17		156.47
Swiss Franc	118.37		122.59
Canadian Dollar	110.32		114.00
Australian Dollar	107.75		111.42
Singapore Dollar	85.17		87.69
Japanese Yen	1.3473		1.3894


(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		292.80
Kuwait		Dinar		396.93
Oman		Rial		286.71
Qatar		Riyal		30.31
Saudi Arabia	Riyal		29.43
UAE		Dirham		30.05


(3) The Average Weighted Prime Lending Rate (AWPLR) and the Lowest 
Prime Rate (LPR) during the week ended March 11, 2011 by all commercial
banks was 9.25 percent and 7.10 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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