Circulars/Notifications - Exchange Policy Department  
 F.E. Circular No. 24
March 03, 1992 

All Authorized Dealers
In Foreign Exchange,

Dear Sirs,

EXCHANGE RATES

Effective 3rd March, 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
24.7300
23.9881
24.8537      25.7811
26.7083

2. The revised rates at which Authorised Dealers will buy from and sell U.S. Dollar to the public with effect from 3rd March, 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.   
24.7053
23.9634
T.T.&
24.8784     25.8058
26.7332
Clean     O.D.  
O.D.

24.6241

23.8822
   
Yours faithfully,
(GHULAM MUHAMMAD)
Senior Deputy Director
       
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