All Authorized Dealers
In Foreign Exchange,

Dear Sirs,

EXCHANGE RATES

Effective 10th October, 1992 the State Bank of Pakistan will undertake purchase and sale of U.S. Dollar from and to Authorised Dealers at the following rate :-

BUYING PER U.S. DOLLAR	SELLING PER U.S. DOLLAR
SPOT  & FORWARD UPTO 6 MONTHS SPOT  & FORWARD UPTO 12 MONTHS	SPOT  & FORWARD UPTO 6 MONTHS SPOT  & FORWARD UPTO 12 MONTHS
25.0423 24.3955	25.2758    26.2189 27.1621

2. The revised rates at which Authorised Dealers will buy from and sell U.S. Dollar to the public with effect from 10th October, 1992 are as under :-

BUYING PER U.S. DOLLAR		SELLING PER U.S. DOLLAR
SPOT  & FORWARD UPTO 6 MONTHS SPOT  & FORWARD UPTO 12 MONTHS		SPOT  & FORWARD UPTO 6 MONTHS SPOT  & FORWARD UPTO 12 MONTHS
T.T.	25.1249 24.3704	T.T.&	25.3010    26.2441 27.1873
Clean		O.D.
O.D.	25.0423 24.2878