Exchange Rates on 24.05.2012

(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			128.15		131.83
Sterling Pound		200.77		207.23
Euro			160.48		166.36
Swiss Franc		133.40		138.91
Canadian Dollar		124.42		129.28
Australian Dollar		124.26		129.46
Singapore Dollar		100.07		103.83
Japanese Yen		1.6048		1.6680

(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		345.14
Kuwait		Dinar		464.83
Oman		Rial		338.02
Qatar		Riyal		35.74
Saudi Arabia	Riyal		34.70
UAE		Dirham		35.42

(3) The Average Weighted Prime Lending Rate (AWPLR) and the Lowest Prime Rate (LPR) during the week ended 18th May, 2012 
by all commercial banks was 13.27 percent and 9.50 percent respectively.

(4) The Average Weighted Deposit Rate (AWDR) of commercial banks, for the month of April, 2012 was 8.33 percent.