Exchange Rates on May 10, 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		108.99		110.67
Sterling Pound	178.14		182.33
EURO		155.29		159.59
Swiss Franc	123.69		128.10
Canadian Dollar	112.13		115.82
Australian Dollar	116.57		120.43
Singapore Dollar	87.87		90.45
Japanese Yen	1.3483		1.3898

(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		291.20
Kuwait		Dinar		399.18
Oman		Rial		285.12
Qatar		Riyal		30.15
Saudi Arabia	Riyal		29.27
UAE		Dirham		29.89

(3) The Average Weighted Prime Lending Rate (AWPLR) and the
 Lowest Prime Rate (LPR) during the week ended 06th May, 2011 by
 all commercial banks was 8.97 percent and 7.50 percent respectively.

(4) The Average Weighted Deposit Rate (AWDR) of commercial banks
 for the month of April, 2011 was 6.22 percent.