Exchange Rates on January 03, 2012

(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		113.01		114.88
Sterling Pound	174.85		179.17
Euro		145.75		149.98
Swiss Franc	119.42		123.46
Canadian Dollar	110.43		113.93
Australian Dollar	115.23		119.20
Singapore Dollar	86.87		89.49
Japanese Yen	1.4605		1.5073

(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		302.13
Kuwait		Dinar		409.20
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 30th December 2011
 by all commercial banks was 10.77 percent and 7.50 percent respectively.

(4) The Average Weighted Deposit Rate (AWDR) of commercial banks
 for the month of December, 2011 was 7.24 percent.