Circulars

EXCHANGE RATES

October 08, 1992
46752

All Authorized Dealers
In Foreign Exchange,

Dear Sirs,

EXCHANGE RATES

Effective 8th October, 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
25.1000 24.3470 25.2255 26.1668
27.1080

2. The revised rates at which Authorised Dealers will buy from and sell U.S. Dollar to the public with effect from 8th October, 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. 25.0749 24.3219 T.T.&
25.2506 26.1919 27.1331 Clean
O.D. 24.9925 24.2395 O.D.

Yours sincerely,

GHULAM MUHAMMAD
Senior Deputy Director