Exchange Rates on December 01, 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		112.97		114.88
Sterling Pound	176.54		180.96
Euro		150.92		155.34
Swiss Franc	122.51		126.73
Canadian Dollar	110.03		113.54
Australian Dollar	114.33		118.33
Singapore Dollar	87.37		90.04
Japanese Yen	1.4453		1.4922

(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	302.11
Kuwait		Dinar	410.97
Oman		Rial	295.83
Qatar		Riyal	31.28
Saudi Arab	ia	Riyal	30.37
UAE		Dirham	31.01

(3) The Average Weighted Prime Lending Rate (AWPLR) and the Lowest Prime Rate (LPR) during the week ended 25th Nov. 2011 
by all commercial banks was 9.83 percent and 7.50 percent respectively.
(4) The Average Weighted Deposit Rate (AWDR) of commercial banks for the month of October, 2011 was 6.57 percent.