Circulars

EXCHANGE RATES

November 22, 1994
46643

All Authorized Dealers
In Foreign Exchange,

Dear Sirs,

EXCHANGE RATES

Effective 22nd November, 1994 the State Bank of Pakistan will undertake purchase and sale of U.S. Dollar from and to Authorised Dealers at the following rate :-

BUYING PER U.S. DOLLAR SELLING PER U.S. DOLLAR
SPOT SPOT
30.7000 30.8535

2. The revised rates at which Authorised Dealers will buy from and sell U.S. Dollar to the public with effect from 22nd November, 1994 are as under :-

BUYING PER U.S. DOLLAR SELLING PER U.S. DOLLAR
SPOT SPOT
T.T. 30.6693 T.T.& 30.8842
Clean O.D.
O.D. 30.5685

Yours sincerely,

M.IBRAHIM QURESHI
Deputy Director