Circulars

EXCHANGE RATES

December 02, 1992
46767

All Authorised Dealers
in Foreign Exchange,

Dear Sirs,

EXCHANGE RATES

Effective 2nd December, 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
FORWARD
UPTO
12 MONTHS
SPOT FORWARD
UPTO
6 MONTHS
FORWARD
UPTO
12 MONTHS
25.6200 24.8514 25.7481 26.7089 27.6696

2. The revised rates at which Authorised Dealers will buy from and sell U.S. Dollar to the public with effect from 2nd December, 1992 are as under :-

BUYING PER U.S. DOLLAR SELLING PER U.S. DOLLAR
SPOT & FORWARD
UPTO
6 MONTHS
FORWARD
UPTO
12 MONTHS
SPOT FORWARD
UPTO
6 MONTHS
FORWARD
UPTO
12 MONTHS
T.T. 25.5944 24.8258 T.T.& 25.7737
Clean O.D 26.7345
O.D. 25.5103 24.7417 27.6952

Yours sincerely,

ANWER BAIG
SENIOR DEPUTY DIRECTOR