Circulars/Notifications - Exchange Policy Department  
 F.E. Circular No. 33
May 12, 1993 

All Authorized Dealers
In Foreign Exchange,

Dear Sirs,

EXCHANGE RATES

Effective 12th May, 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
26.7700
25.9669
26.9039    27.9078
28.9117

2. The revised rates at which Authorised Dealers will buy from and sell U.S. Dollar to the public with effect from 12th May, 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.   
26.7432
25.9401
T.T.&
26.9307    27.9346
28.9385
Clean     O.D.  
O.D.
26.6553
25.8522
   
Yours faithfully,
(ANWAR BAIG)
Senior Deputy Director
       
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