Circulars

EXCHANGE RATES

November 10, 1992
46761

All Authorized Dealers
In Foreign Exchange,

Dear Sirs,

EXCHANGE RATES

Effective 10th November, 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
25.4000 24.6380 25.5270 26.4795
27.4320

2. The revised rates at which Authorised Dealers will buy from and sell U.S. Dollar to the public with effect from 10th November, 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. 25.3746 24.6126 T.T.&
25.5524 26.5049 27.4574 Clean
O.D. 25.2912 24.5292 O.D.

Yours sincerely,

ANWER BAIG
Senior Deputy Director