Circulars/Notifications - Exchange Policy Department  
 F.E. Circular No. 19
March 09, 1993 

All Authorized Dealers
In Foreign Exchange,

Dear Sirs,

EXCHANGE RATES

Effective 9th 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
26.43000
25.6371
26.5622    27.5533
28.5445

2. The revised rates at which Authorised Dealers will buy from and sell U.S. Dollar to the public with effect from 9th 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.   
26.4036
25.6107
T.T.&
26.5886    27.5797
28.5709
Clean     O.D.  
O.D.

26.3168

25.5239
   
Yours faithfully,
(ANWAR BAIG)
Deputy Director
       
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