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Saturday, 9 April 2011

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	      Exchange Rates on April 08, 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		109.56		111.30
Sterling Pound	178.47		182.75
EURO		156.35		160.75
Swiss Franc	118.73		122.96
Canadian Dollar	113.51		117.32
Australian Dollar	113.87		117.70
Singapore Dollar	86.36		88.92
Japanese Yen	1.2768		1.3162

(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		398.63
Oman		Rial		286.70
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 April 01st, 2011 by
 all commercial banks was 9.30 percent and 7.10 percent respectively.

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

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