Exchange Rates on July 12, 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		108.72		110.32
Sterling Pound	171.99		175.91
Euro		150.76		154.83
Swiss Franc	128.79		133.01
Canadian Dollar	111.05		114.39
Australian Dollar	114.21		117.92
Singapore Dollar	87.89		90.40
Japanese Yen	1.3474		1.3878

(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		290.46
Kuwait		Dinar		398.69
Oman		Rial		284.40
Qatar		Riyal		30.07
Saudi Arabia	Riyal		29.20
UAE		Dirham		29.81

(3) The Average Weighted Prime Lending Rate (AWPLR) and
 the Lowest Prime Rate (LPR) during the week ended 08th July 2011
 by all commercial banks was 9.25 percent and 7.50 percent respectively.
(4) The Average Weighted Deposit Rate (AWDR) of commercial banks
 for the month of June, 2011 was 6.31 percent.