Exchange Rates on 02.03.2012

(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			118.01		121.49
Sterling Pound		187.72		194.70
Euro			156.28		162.76
Swiss Franc		129.22		135.25
Canadian Dollar		118.90		124.17
Australian Dollar		126.48		132.35
Singapore Dollar		94.02		98.05
Japanese Yen		1.4442		1.5083

(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		323.81
Kuwait			Dinar		439.77
Oman			Rial		317.09
Qatar			Riyal		33.53
Saudi Arabia		Riyal		32.55
UAE			Dirham		33.24

(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.