All Authorized Dealers
In Foreign Exchange,
Dear Sirs,
EXCHANGE RATES
Effective 3rd March, 1994 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 |
| 30.5000 | 29.5850 | 30.6525 | 32.1775 |
| 33.7025 | |||
2. The revised rates at which Authorised Dealers will buy from and sell U.S. Dollar to the public with effect from 7th April, 1994 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. | 30.4695 | T.T.& | 30.6830 |
| 29.5545 | 32.2080 | ||
| Clean | O.D. | 33.7330 | |
| O.D. | 30.3693 | ||
| 29.4543 | |||
Yours sincerely,
M.IBRAHIM QURESHI
Deputy Director