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		Exchange Rates on 29.02.2012

(1)  The average rates of the following currencies quoted by commercial
banks in Colombo for Telegraphic Transfers (TT) at 9.30 a.m are as follows:


Currency		Buying Rate	Selling Rate

U.S. Dollar		119.65		123.05
Sterling Pound	189.89		196.58
Euro		160.34		166.66
Swiss Franc	132.73		138.67
Canadian Dollar	119.62		124.68
Australian Dollar	128.36		134.06
Singapore Dollar	95.95		99.25
Japanese Yen	1.4755		1.5381

(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		321.28
Kuwait		Dinar		436.88
Oman		Rial		314.60
Qatar		Riyal		33.27
Saudi Arabia	Riyal		32.30
UAE		Dirham		32.98

(3) The Average Weighted Prime Lending Rate (AWPLR) and the Lowest Prime Rate
(LPR) during the week ended 24th   February 2012 by all commercial banks was 
11.95 percent and 7.50 percent respectively.

(4) The Average Weighted Deposit Rate (AWDR) of commercial banks, for the 
month of January, 2012 was 7.35 percent.	

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