Exchange Rates 13.10.2008

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			107.39		108.65
Sterling Pound		181.77		185.30
EURO			144.25		147.40
Swiss Franc		94.03		96.03
Canadian Dollar		90.79		92.75
Australian Dollar		70.16		72.28
Singapore Dollar		72.36		73.86
Japanese Yen		1.0710		1.0967

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		286.48	
Kuwait		Dinar		402.99
Oman		Rial		280.52
Qatar		Riyal		29.67
Saudi Arabia	Riyal		28.80
UAE		Dirham		29.40

The Average Weighted Prime Lending Rate (AWPR) and the Lowest Prime Rate
(LPR) during the week ended 10th October, 2008 by all commercial banks was
20.63 per cent and 16.60 per cent respectively.

The Average Weighted Deposit Rate (AWDR) of the commercial banks, for the
month of September 2008 was 11.03 per cent.