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EXCHANGE RATES ON 01.03.2006 IN SLRS

Average Rates at which the following currencies were quoted by Commercial Banks in Colombo for telegraphic transfers at 9.30 A.M.

Currency

Buying (Rs.)

Selling (Rs.)

US Dollar  102.03 103.07
Sterling Pound 178.56 181.42
Euro 121.30 123.62
Swiss Franc 77.33 79.31
Australian Dollar 75.26 77.22
Japanese Yen 0.8764 0.8951

The Approximate Exchange Rates of GULF Currencies based on previous day's Market Weighted Average Rate for the Us$ are as follow.

Country

Currency

Indicative Rate(RS.)
Bahrain Dinar 272.39
Kuwait  Dinar 351.41
Oman Rial 266.65
Qatar Riyal 28.21
Saudi Arabian Riyal 27.37
UAE Dirham 27.95

The  Average Weighted Prime Lending Rates (AWPLR) & the Lowest Prime Rate (LPR) during the week ended 24th February, 2006 by all commercial banks were 12.00 percent and 10.50 per cent respectively.
The Average Weighted Deposit Rate (AWDR) of Commercial banks for the month of January, 2006 was 06.34 percent.

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