Exchange Rates on 23.07.2010

(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 follows:


Currency		Buying Rate      	Selling Rate

U.S. Dollar		112.00		113.63
Sterling Pound	170.63		174.25
Euro		143.67		147.21
Swiss France	106.41		109.83
Canadian Dollar	106.80		110.36
Australian Dollar	99.02		102.06
Singapore Dollar	81.19		83.19
Japanese Yen	1.2833		1.3184

(2) 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	299.17
Kuwait		Dinar	390.94
Oman		Riyal	292.95
Qatar		Riyal	31.00
Saudi Arabia	Riyal	30.07
UAE		Dirham	30.71

(3) The Average Weighted Prime Lending Rate (AWPLR) and the Lowest Prime Rate (LPR) during the week ended 18th July, 2010 
by all commercial banks was 10.25 percent and 8.60 percent respectively.

(4) The Average Weighted Deposit Rate (AWDR) of commercial banks, for the month of June, 2010 was 7.00 percent.