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		Exchange Rates on 08.03.2012

(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		119.95		123.35
Sterling Pound	188.14		194.75
Euro		156.78		162.96
Swiss Franc	129.74		135.51
Canadian Dollar	119.46		124.51
Australian Dollar	125.70		131.29
Singapore Dollar	94.71		98.58
Japanese Yen	1.4682		1.5303


(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	323.15
Kuwait		Dinar	437.68
Oman		Rial	316.44
Qatar		Riyal	33.46
Saudi Arabia	Riyal	32.49
UAE		Dirham	33.17


(3) The Average Weighted Prime Lending Rate (AWPLR) and the Lowest Prime Rate (LPR) during the week ended 02nd   
March 2012 by all commercial banks was 11.91 percent and 7.50 percent respectively.


(4) The Average Weighted Deposit Rate (AWDR) of commercial banks, for the month of February, 2012 was 7.55 percent.				
		

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