Circulars/Notifications - Exchange Policy Department  
 F.E. Circular No. 22
March 17, 1993 

All Authorized Dealers
In Foreign Exchange,

Dear Sirs,

EXCHANGE RATES

Effective 17th 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
26.6500
25.8505
26.7833    27.7827
28.7821

2. The revised rates at which Authorised Dealers will buy from and sell U.S. Dollar to the public with effect from 17th 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.   
26.6234
25.8239
T.T.&
26.8099    27.8094
28.8088
Clean     O.D.  
O.D.
26.5339
25.7364
   
Yours faithfully,
(ANWAR BAIG)
Senior Deputy Director
       
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