Circulars

EXCHANGE RATES

August 29, 1996
46685

All Authorized Dealers
In Foreign Exchange,

Dear Sirs,

EXCHANGE RATES

Effective 29th August, 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
35.6200 35.7981

2. The revised rates at which Authorised Dealers will buy from and sell U.S. Dollar to the public with effect from 29th August, 1996 are as under :-

BUYING PER U.S. DOLLAR SELLING PER U.S. DOLLAR
SPOT SPOT
T.T. 35.5844 T.T.& 35.8337
Clean O.D.
O.D. 35.4674

Yours sincerely,

M.IBRAHIM QURESHI
Joint Director