Circulars

EXCHANGE RATES

August 27, 1992
46745

All Authorized Dealers
In Foreign Exchange,

Dear Sirs,

EXCHANGE RATES

Effective 27th August, 1992 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
25.0800 24.3276 25.2054 26.1459
27.0864

2. The revised rates at which Authorised Dealers will buy from and sell U.S. Dollar to the public with effect from 27th August, 1992 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. 25.0549 24.3025 T.T.&
25.2305 26.1710 27.1115 Clean
O.D. 24.9725 24.2201 O.D.

Yours sincerely,

GHULAM MUHAMMAD
Senior Deputy Director