Circulars

EXCHANGE RATES

July 24, 1996
46681

All Authorized Dealers
In Foreign Exchange,

Dear Sirs,

EXCHANGE RATES

Effective 24th July, 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
35.3200 35.4966

2. The revised rates at which Authorised Dealers will buy from and sell U.S. Dollar to the public with effect from 24th July, 1996 are as under :-

BUYING PER U.S. DOLLAR SELLING PER U.S. DOLLAR
SPOT SPOT
T.T. 35.2847 T.T.& 35.5319
Clean O.D.
O.D. 35.1687

Yours sincerely,

M.IBRAHIM QURESHI
Joint Director