Exchange Rates on December 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		112.97		114.88
Sterling Pound	176.31		180.73
Euro		146.45		150.74
Swiss Franc	119.71		123.81
Canadian Dollar	109.18		112.66
Australian Dollar	112.83		116.76
Singapore Dollar	86.60		89.25
Japanese Yen	1.4374		1.4839

(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	410.15
Oman		Rial	295.83
Qatar		Riyal	31.29
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 16th Dec. 2011 
by all commercial banks was 10.55 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.