Exchange Rates on December 08, 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	176.74		181.16
Euro		150.47		154.88
Swiss Franc	121.21		125.37
Canadian Dollar	111.10		114.65
Australian Dollar	114.86		118.86
Singapore Dollar	87.26		89.94
Japanese Yen	1.4449		1.4917

(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		411.71
Oman		Rial		295.04
Qatar		Riyal		31.28
Saudi Arabia	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 02nd Dec. 2011 by all commercial banks was 10.20 percent and 7.50 percent respectively.

(4) The Average Weighted Deposit Rate (AWDR) of commercial banks
 for the month of November, 2011 was 6.72 percent.