Circulars

EXCHANGE RATES

December 28, 1994
46646

All Authorised Dealers
in Foreign Exchange,

Dear Sirs,

EXCHANGE RATES

Effective 15th December, 1993 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
30.8000 30.9540

2. The revised rates at which Authorised Dealers will buy from and sell U.S. Dollar to the public with effect from 28th December, 1994 are as under :-

BUYING PER U.S. DOLLAR SELLING PER U.S. DOLLAR
SPOT SPOT
T.T. 30.7692 T.T.& 30.9848
Clean O.D
O.D. 30.6680

Yours sincerely,

M.IBRAHIM QURESHI
DEPUTY DIRECTOR