Circulars/Notifications - Exchange Policy Department  
 F.E. Circular No. 20
March 11, 1993 

All Authorized Dealers
In Foreign Exchange,

Dear Sirs,

EXCHANGE RATES

Effective 11th 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
26.5000
25.7050
26.6325    27.6263
28.6200

2. The revised rates at which Authorised Dealers will buy from and sell U.S. Dollar to the public with effect from 11th 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.   
26.4735
25.6785
T.T.&
26.6590    27.6528
28.6465
Clean     O.D.  
O.D.
26.3865
25.5915
   
Yours faithfully,
(ANWAR BAIG)
Senior Deputy Director
       
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