Exchange Rates on December 09, 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	176.01		180.42
Euro		149.90		154.28
Swiss Franc	121.14		125.28
Canadian Dollar	109.77		113.27
Australian Dollar	113.92		117.89
Singapore Dollar	86.64		89.29
Japanese Yen	1.4445		1.4913

(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		302.12
Kuwait		Dinar		410.96
Oman		Rial		295.84
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.