Exchange Rates on September 20, 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			109.26		110.96
Sterling Pound		170.55		174.60
Euro			147.80		151.93
Swiss Franc		122.34		126.40
Canadian Dollar		109.32		112.69
Australian Dollar		110.50		114.20
Singapore Dollar		85.53		88.07
Japanese Yen		1.4187		1.4629

(2) The approximate exchange rates of Gulf Currencies, based on
 previous day’s market weighted average rate for the US$ are as follow:

Country	    		Currency	         	Indicative Rate
Bahrain			Dinar		292.04
Kuwait			Dinar		399.43
Oman			Rial		285.97
Qatar			Riyal		30.24
Saudi Arabia		Riyal		29.36
UAE			Dirham		29.98

(3) The Average Weighted Prime Lending Rate (AWPLR) and the
 Lowest Prime Rate (LPR) during the week ended 16th September 
2011 by all commercial banks was 9.51 percent and 7.75 percent respectively.
(4) The Average Weighted Deposit Rate (AWDR) of commercial banks
 for the month of August, 2011 was 6.40 percent.