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     FORWARD                                FORWARD     FORWARD          

                      UPTO                              UPTO                        SPOT        UPTO            UPTO

                      6 MONTHS                    12 MONTHS                              6 MONTHS    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     FORWARD                                FORWARD     FORWARD          

                      UPTO                               UPTO                      SPOT        UPTO            UPTO

                      6 MONTHS                     12 MONTHS                              6 MONTHS    12 MONTHS      

        T.T.      25.5944                24.8258     T.T.&     25.7737      26.7345       27.6952
        Clean                                                   O.D

        O.D.   25.5103                  24.7417