Circulars

EXCHANGE RATES

June 04, 1996
46667

All Authorized Dealers
In Foreign Exchange,

Dear Sirs,

EXCHANGE RATES

Effective 4th June, 1996 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 SPOT
34.9000 35.0745

2. The revised rates at which Authorised Dealers will buy from and sell U.S. Dollar to the public with effect from 9th June,1996 are as under :-

BUYING PER U.S. DOLLAR SELLING PER U.S. DOLLAR
SPOT SPOT
T.T. 34.8651 T.T.& 35.1094
Clean O.D.
O.D. 34.7505

Yours sincerely,

M.IBRAHIM QURESHI
Joint Director