Circulars

EXCHANGE RATES

October 27, 1992
46757

All Authorized Dealers
In Foreign Exchange,

Dear Sirs,

EXCHANGE RATES

Effective 27th 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
25.2000 24.4440 25.3260 26.2710
27.2160

2. The revised rates at which Authorised Dealers will buy from and sell U.S. Dollar to the public with effect from 27th 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. 25.1748 24.4188 T.T.&
25.3512 26.2962 27.2412 Clean
O.D. 25.1419 24.3844 O.D.

Yours sincerely,

ANWER BAIG
Senior Deputy Director