Exchange Rates on 16-Feb-09 

(1) The average rates of the following currencies quoted by commercial banks in Colombo.
Currency		Buying Rate	Selling Rate

U.S. Dollar		113.37		114.72
Sterling Pound	160.98		164.03
EURO		144.17		147.25
Swiss Franc	96.48		99.22
Canadian Dollar	90.45		93.02
Australian Dollar	73.25		75.46
Singapore Dollar	74.58		76.22
Japanese Yen	1.2309		1.2608

(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		302.28
Kuwait		Dinar		389.01
Oman		Rial		295.98
Qatar		Riyal		31.29
Saudi Arabia	Riyal		30.38
UAE		Dirham		31.03

(3) The Average Weighted Prime Lending Rate (AWPLR) and the Lowest Prime Rate (LPR) during the week ended 13th February, 2009 by all commercial banks were 19.56 percent and 15.24 percent respectively.

(4) The Average Weighted Deposit Rate (AWDR) of commercial banks for the month of January, 2009 was 11.74 percent.