Online edition of Daily News - Business Section

News

Business

Features

Editorial

Security

Politics

World

Letters

Sports

Obituaries

Archives

EXCHANGE RATES ON 1.11.2001 IN SLRS | COCONUTS

Average Rates at which the following currencies were quoted by Commercial Banks in Colombo for telegraphic transfers.

Currency	Buying (Rs.)	Selling (Rs.)
US Dollar	91.4980	92.2260
Sterling Pound	132.8741	134.4709
Euro	82.1133	83.2967
Swiss Franc	55.7612	56.7318
Japanese Yen	0.7465	0.7577

The Approximate Exchange Rates of GULF Currencies based on previous day's Market Weighted Average Rate.

Country

Currency

Indicative Rate(RS.)

Saudi Arabian	Riyal	24.5322
Bahrain	Dinar	244.0302
Kuwait	Dinar	300.9607
Qatar	Riyal	25.2710
UAE	Dirham	25.0495
Oman	Riyal	238.9288

The European Commission's Locking Rates of 11 member countries that came into existence from January 01st, 1999 are as follows.

Country	Currency	Locking Rate
Austria	Schiling	13.760300
Belgium	Franc	40.339900
Finland	Markka	5.945730
France	French Franc	6.559570
Germany	Deutsche Mark	1.955830
Irish Republic	Punt	0.787564
Italy	Lira	1936.270000
Luxembourg	Franc	40.339900
Netherlands	Guilder	2.203710
Portugal	Escudo	200.482000
Spain	Peseta	166.386000

The Average Weighted Prime Lending Rates (AWPLR) & the Lowest Prime Rate (LPR) during the week ended September 26th, 2001 by all commercial banks were 14.39 percent and 13.25 per cent respectively.

The Average Weighted Deposit Rate (AWDR) of Commercial banks for the month ended September 30th 2001 was 11.27 percent.

COCONUTS

Prices of Coconut Products on 01.11.2001

1. COPRA (per 250 kgs)
a) Date of Auction	26.10.2001
b) Quantity of Copra offered	69,024 Kgs
c) Quantity of copra sold	54,734 Kgs
d) Simple average price - White Edible Copra	-
e) Simple average price - Edible Copra	-
f) Highest price - M.S. No. 1 Copra	RS. 11,850 T
g) Simple average price - M. S. No 1 Copra	Rs. 11,780 T
h) Simple average Price - M. S. No. 2 Copra	Rs. 10,310 T
i) Highest price - M. O. No. 1 Copra	-
j) Simple average Price - M.O. No. 1 Copra

Next Auction on 02.11.2001 at 11.00 a.m. at the CDA Duke
Street Office

2. FRESH COCONUT (per 1,000 nuts)
a) Local Market	7,500-7,700 T
b) Date & Price of Auction:
CDA (01.11.2001)
Highest Price	9,410 T
Lowest Price	7,750 T
Average Price	9,060 T
Quantity Traded (Nuts)	924,805
WCCI(-)	-
Highest Price	-
Lowest Price	-
Average Price	-
Quantity Traded ( Nuts)	-
c) Date & Price of Tender	-
CCB	-
CRB (-)	-
NLDB(-)	-
LHP(-)	-

CDA Next Auction on 08.11.2001 at 11.00 a.m. at the Duke
street office

3. DESICCATED COCNUTS (per KG)
a) Local Price
( i) Modernaized D/C Mills	62.00 T
(ii) Traditoanal D/C Mills	61.00-62.00 T
b) Philippines (CIF London)	-
c) Sri Lanka (CIF London)	-
4. COCONUT OIL (per MT)
a) Local price	72,000-73,000 T
b) Philippines (CIF London)	29,437
c) Philippines (CIF New York)	29,406
5. POONAC (per MT)	7,500-8,000 T
6. MATTRESS FIBRE (per 50 kgs)
a) FAQ	150-180 T
b) Superior	170 - 200 T
c) Hand Twisted	235 T
7. OMAT FIBRE FAQ ( per 50 kgs)	525-600 T
8. BRISTLE FIBRE 1 tie (per 50kgs)
a) Ordinary	850-950 T
b) Superior Hackleable	1,000 T
c) Semi Hackled	1,200 T
9. BRISTLE FIBRE 2 tie (Hackled per 50 kgs	1,200-1,250 T
10. COCONUTS SHELL CHARCOAL	7,500 T
(per MT)
11.COCONUT EKELS (per 50 kgs)	300-325 T

(T-Traded; N-Nominal)

COCONUTS

Next Auction on 02.11.2001 at 11.00 a.m. at the CDA Duke Street Office

CDA Next Auction on 08.11.2001 at 11.00 a.m. at the Duke street office

Next Auction on 02.11.2001 at 11.00 a.m. at the CDA Duke
Street Office

CDA Next Auction on 08.11.2001 at 11.00 a.m. at the Duke
street office