Circulars/Notifications - Exchange Policy Department  
 F.E. Circular No. 03
January 06, 1993 

All Authorized Dealers
In Foreign Exchange,

Dear Sirs,

EXCHANGE RATES

Effective 5th January, 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
25.8500
25.0745
25.9793     26.9487
27.9181

2. The revised rates at which Authorised Dealers will buy from and sell U.S. Dollar to the public with effect from 5th January, 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.   
25.8242
25.0487
T.T.&
26.9746     26.9746
27.9440
Clean     O.D.  
O.D.

25.7393

24.9638
   
Yours faithfully,
(ANWAR BAIG)
Deputy Director
       
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