Circulars

EXCHANGE RATES

October 31, 1992
46758

All Authorized Dealers
In Foreign Exchange,

Dear Sirs,

EXCHANGE RATES

Effective 31st 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
25.2500 24.4925 25.3763 26.3232
27.2701

2. The revised rates at which Authorised Dealers will buy from and sell U.S. Dollar to the public with effect from 31st 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. 25.2248 24.4673 T.T.&
25.4016 26.3485 27.2954 Clean
O.D. 25.1419 24.3844 O.D.

Yours sincerely,

ANWER BAIG
Senior Deputy Director