The Central Bank's Spot Rates for
transactions with Commercial Banks announced on the
morning of July 08, 1998 were as follows:
| |
Buying
|
Selling
|
| 100 US Dollars |
Rs.
6439.34 |
Rs.
6569.42 |
The approximate middle exchange rates
of following currencies calculated on the basis of cross
rates quoted by Gulf International Bank, Bahrain as it
appeared in Reuters Financial Information System on July
08, 1998 were as follows:
| Saudi Arabia Riyal |
Rs.
17.34 |
| Bahrain Dinar |
Rs.
172.60 |
| Kuwait Dinar |
Rs.
211.631 |
| Qatar Riyal |
Rs.
17.87 |
| UAE Dirham |
Rs.
17.72 |
| Oman Riyal |
Rs.
169.01 |
Average rates at which the following
currencies were quoted by Commercial Banks in Colombo for
Telegraphic Transfers at mid-day on July 08, 1998 were as
follows:
| |
Buying |
Selling |
| 100 US Dollars |
Rs.
6529.20 |
Rs.
6584.40 |
| 100 Sterling
Pounds |
Rs.
10653.10 |
Rs.
10831.10 |
| 100 Deutsche Marks |
Rs.
3576.02 |
Rs.3652.08 |
| 100 French Francs |
Rs.
1061.64 |
Rs.1096.41 |
| 100 Japanese Yen |
Rs.46.75 |
Rs.
47.92 |
Average Weighted Prime Lending
Rate (AWRP) and Lowest Prime Rate (LPR)
The Average Weighted Prime Lending Rate (AWPR)
during the week ended july 3rd 1998 was 14.4 per cent for
all banks. The Lowest Prime Rate (LPR) among banks during
this week was 12.8 per cent.
Average Weighted Deposit Rate
of Commercial Banks (AWDR)
The Average Weighted Deposit Rate (AWDR) of
Commercial Banks for the month ended May 31st 1998 was
9.6 percent.
National
Equity Fund
| Manager's
Selling Price |
Rs. 8.41 (per unit) |
| Managers
Buying Price |
Rs.7.87* (per unit) |
|
Namal
Growth Fund
| Manager's
Selling Price |
Rs. 9.46 (per unit) |
| Managers
Buying Price |
Rs. 8.85* (per unit) |
|
Namal
Income Fund
| Manager's
Selling Price |
Rs.10.55 (per unit) |
| Managers
Buying Price |
Rs.5.22* (per unit) |
|
Comtrust
Equity Fund
| Manager's
Selling Price |
Rs. 5.57 |
| Managers
Buying Price |
Rs. 5.22 |
|
* After deducting exit
fees applicable for the first year.
|
