Exchange Rates on May 16, 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		109.17		110.65
Sterling Pound	175.67		179.80
EURO		152.58		156.80
Swiss Franc	120.94		125.22
Canadian Dollar	111.49		115.16
Australian Dollar	114.10		117.89
Singapore Dollar	86.73		89.26
Japanese Yen	1.3365		1.3775	

(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		291.19
Kuwait		Dinar		398.10
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 13th May, 2011 
by all commercial banks was 9.12 percent and 7.70 percent respectively.

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