Circulars

EXCHANGE RATES

May 12, 1994
44332

All Authorized Dealers
In Foreign Exchange,

Dear Sirs,

EXCHANGE RATES

Effective 12th May, 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 SPOT
30.6100 30.7631

2. The revised rates at which Authorised Dealers will buy from and sell U.S. Dollar to the public with effect from 12th May, 1994 are as under :-

BUYING PER U.S. DOLLAR SELLING PER U.S. DOLLAR
SPOT SPOT
T.T. 30.5794 T.T.& 30.7937
Clean O.D.
O.D. 30.4789

Yours sincerely,

M.IBRAHIM QURESHI
Deputy Director