Circulars

EXCHANGE RATES

November 12, 1992
46763

All Authorized Dealers
In Foreign Exchange,

Dear Sirs,

EXCHANGE RATES

Effective 12th 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
25.5000 24.7350 25.6275 26.5838
27.5400

2. The revised rates at which Authorised Dealers will buy from and sell U.S. Dollar to the public with effect from 12th 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. 25.4745 24.7095 T.T.&
25.6530 26.6093 27.5655 Clean
O.D. 25.3907 24.6257 O.D.

Yours sincerely,

ANWER BAIG
Senior Deputy Director