Circulars/Notifications - Exchange Policy Department  
 F.E. Circular No. 04
January 06, 1994 

All Authorized Dealers
In Foreign Exchange,

Dear Sirs,

EXCHANGE RATES

Effective 6th January, 1994 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
30.1900
29.2843
30.3410      31.4731

32.6053

2. The revised rates at which Authorised Dealers will buy from and sell U.S. Dollar to the public with effect from 6th January, 1994 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.   
30.1598
29.2541
T.T.&
30.3712    31.5033
32.6355
Clean     O.D.  
O.D.
30.0606
29.1549
   

 

Yours faithfully,
(M.IBRAHIM QURESHI)
Deputy Director
       
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