Circulars/Notifications - Exchange Policy Department  
 F.E. Circular No. 06
January 16, 1993 

All Authorized Dealers
In Foreign Exchange,

Dear Sirs,

EXCHANGE RATES

Effective 16th 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
25.9500
25.1715
26.0798    27.0529
28.0261

2. The revised rates at which Authorised Dealers will buy from and sell U.S. Dollar to the public with effect from 16th 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.   
25.9241
25.1456
T.T.&
26.1058     27.0789
28.0521
Clean     O.D.  
O.D.

25.8389

25.0604
   
Yours faithfully,
(ANWAR BAIG)
Deputy Director
       
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