Exchange Rates on 19-Nov-08 in SLRS

(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 follow.


Currency		Buying Rate	Selling Rate

U.S. Dollar		109.43		110.76
Sterling Pound	163.12		166.10
Euro		137.49		140.35
Swiss Franc	90.28		92.71
Canadian Dollar	88.15		90.56
Australian Dollar	70.24		72.23
Singapore Dollar	71.32		72.81
Japanese Yen	1.1282		1.1538

(2) 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

Bahrain		Dinar		291.83
Kuwait		Dinar		405.15
Oman		Rial		285.72
Qatar		Riyal		30.21
Saudi Arabia	Riyal		29.32
UAE		Dirham		29.95

(3) The Average Weighted Prime Lending Rate (AWPLR) and the Lowest Prime Rate (LPR) during the week ended 14th November, 2008 by all commercial banks were 20.84 per cent and 15.50 per cent respectively.

(4) The Average Weighted Deposit Rate (AWDR) of commercial banks for the month of October, 2008 was 11.28 per cent.