Circulars/Notifications - Exchange Policy Department  
 F.E. Circular No. 21
February 29, 1992 

All Authorized Dealers
In Foreign Exchange,

Dear Sirs,

EXCHANGE RATES

Effective 29th February, 1992 the State Bank of Pakistan will undertake purchase and sale of U.S. Dollar from and to Authorised Dealers at the following rates :-

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
24.7000
23.9590
24.8235      25.7498
26.6760

2. The revised rates at which Authorised Dealers will buy from and sell U.S. Dollar to the public with effect from 29th February, 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.   
24.6753
23.9343
T.T.&
24.8482     25.7745
26.7007
Clean     O.D.  
O.D.

24.5942

23.8532
   
Yours faithfully,
(GHULAM MUHAMMAD)
Senior Deputy Director
       
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