16.10.2008
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		107.37		108.63
Sterling Pound	185.31		188.52
EURO		144.03		147.04
Swiss Franc	94.13		96.02
Canadian Dollar	90.05		92.00
Australian Dollar	71.70		73.48
Singapore Dollar	72.30		73.68
Japanese Yen	1.0669		1.0907

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		286.43	
Kuwait		Dinar		402.99
Oman		Rial		280.51
Qatar		Riyal		29.65
Saudi Arabia	Riyal		28.69
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.