Circulars

EXCHANGE RATES

October 10, 1992
46753

All Authorized Dealers
In Foreign Exchange,

Dear Sirs,

EXCHANGE RATES

Effective 10th October, 1992 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 & FORWARD
UPTO 6 MONTHS
SPOT & FORWARD
UPTO 12 MONTHS
SPOT & FORWARD
UPTO 6 MONTHS
SPOT & FORWARD
UPTO 12 MONTHS
25.0423 24.3955 25.2758 26.2189
27.1621

2. The revised rates at which Authorised Dealers will buy from and sell U.S. Dollar to the public with effect from 10th 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. 25.1249 24.3704 T.T.&
25.3010 26.2441 27.1873 Clean
O.D. 25.0423 24.2878 O.D.

Yours sincerely,

ANWER BAIG
Senior Deputy Director