Circulars

EXCHANGE RATES

June 30, 1996
46678

All Authorized Dealers
In Foreign Exchange,

Dear Sirs,

EXCHANGE RATES

Effective 30th 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
35.1000 35.2755

2. The revised rates at which Authorised Dealers will buy from and sell U.S. Dollar to the public with effect from 30th June, 1996 are as under :-

BUYING PER U.S. DOLLAR SELLING PER U.S. DOLLAR
SPOT SPOT
T.T. 35.0649 T.T.& 35.3106
Clean O.D.
O.D. 34.9496

Yours sincerely,

M.IBRAHIM QURESHI
Joint Director