Circulars/Notifications - Exchange Policy Department  
 F.E. Circular No. 17
March 02, 1993 

All Authorized Dealers
In Foreign Exchange,

Dear Sirs,

EXCHANGE RATES

Effective 2nd March, 1993 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
26.3000
25.5110
26.4315    27.4178
28.4040

The revised rates at which Authorised Dealers will buy from and sell U.S. Dollar to the public with effect from 2nd March, 1993 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.   
26.2737
25.4847
T.T.&
26.4578    27.4441
28.4303
Clean     O.D.  
O.D.

26.1873

25.3983
   
Yours faithfully,
(ANWAR BAIG)
Deputy Director
       
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