Exchange Rates on August 22, 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			109.11		110.71
Sterling Pound		179.29		183.37
Euro			155.87		160.06
Swiss Franc		137.60		142.17
Canadian Dollar		109.53		112.82
Australian Dollar		112.73		116.38
Singapore Dollar		89.58		92.15
Japanese Yen		1.4104		1.4530

(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		291.69
Kuwait			Dinar		404.23
Oman			Rial		284.86
Qatar			Riyal		30.20
Saudi Arabia		Riyal		29.32
UAE			Dirham		29.94

(3) The Average Weighted Prime Lending Rate (AWPLR) and the Lowest Prime Rate
 (LPR) during the week ended
 19th August 2011 by all commercial banks was 9.36 percent and 7.50 percent respectively.

(4) The Average Weighted Deposit Rate (AWDR) of commercial banks for the
 month of July, 2011 was 6.35 percent.