Circulars/Notifications - Exchange Policy Department  
 F.E. Circular No. 21
March 13, 1993 

All Authorized Dealers
In Foreign Exchange,

Dear Sirs,

EXCHANGE RATES

Effective 13th 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
26.6000
25.8020
26.7330    27.7305
28.7280

2. The revised rates at which Authorised Dealers will buy from and sell U.S. Dollar to the public with effect from 13th 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.   
26.5734
25.7754
T.T.&
26.7596    27.7571
28.7546
Clean     O.D.  
O.D.
26.4860
25.6880
   
Yours faithfully,
(ANWAR BAIG)
Senior Deputy Director
       
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