Exchange Rates on 16.03.2012

(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			122.94		126.41
Sterling Pound		192.55		199.31
Euro			159.93		166.22
Swiss Franc		132.19		138.08
Canadian Dollar		123.07		128.27
Australian Dollar		128.60		134.31
Singapore Dollar		96.92		100.85
Japanese Yen		1.4651		1.5267

(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		331.17
Kuwait			Dinar		447.11
Oman			Rial		323.42
Qatar			Riyal		34.29
Saudi Arabia		Riyal		33.29
UAE			Dirham		33.99

(3) The Average Weighted Prime Lending Rate (AWPLR) and the Lowest Prime
 Rate (LPR) during the week ended 09th  March 2012 by all commercial banks
 was 11.99 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.