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	Exchange Rates on June 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		108.80		110.40
Sterling Pound	175.61		179.61
EURO		153.42		157.57
Swiss Franc	126.35		130.46
Canadian Dollar	110.34		113.64
Australian Dollar	114.09		117.79
Singapore Dollar	87.23		89.73
Japanese Yen	1.3385		1.3787

(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		290.54
Kuwait		Dinar		398.12
Oman		Rial		284.48
Qatar		Riyal		30.08
Saudi Arabia	Riyal		29.21
UAE		Dirham		29.82

(3) The Average Weighted Prime Lending Rate (AWPLR) and the Lowest Prime Rate (LPR) during the week ended
 10th June, 2011 by all commercial banks was 9.11 percent and 7.50 percent respectively.

(4) The Average Weighted Deposit Rate (AWDR) of commercial banks for the month of May, 2011 was 6.30 percent.		
		

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