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Wednesday, 30 March 2011

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		Exchange Rates on March 29, 2011

(1) The average rates of the following currencies quoted by commercial
banks in Colombo for Telegraphic Transfers (TT) at 9.30 am are as follows.

Currency		Buying Rate	Selling Rate

US Dollar		109.59		111.33
Sterling Pound	174.57		178.76
EURO		153.28		157.51
Swiss Franc	118.42		122.64
Canadian Dollar	111.17		114.89
Australian Dollar	111.19		114.95
Singapore Dollar	86.12		88.68
Japanese Yen	1.3325		1.3740

(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		397.94
Oman		Rial		286.73
Qatar		Riyal		30.31
Saudi Arabia	Riyal		29.44
UAE		Dirham		30.06

(3) The Average Weighted Prime Lending Rate (AWPLR) and the Lowest Prime
Rate (LPR) during the week ended March 25, 2011 by all commercial banks 
was 8.98 percent and 7.60 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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