Circulars/Notifications - Exchange Policy Department  
 F.E. Circular No. 18
March 03, 1993 

All Authorized Dealers
In Foreign Exchange,

Dear Sirs,

EXCHANGE RATES

Effective 3rd 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
26.3500
25.5595
26.4818    27.4699
28.4581

2. The revised rates at which Authorised Dealers will buy from and sell U.S. Dollar to the public with effect from 3rd 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.   
26.3237
25.5332
T.T.&
26.5082    27.4963
28.4845
Clean     O.D.  
O.D.

26.2372

25.4467
   
Yours faithfully,
(ANWAR BAIG)
Deputy Director
       
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