Conversion of FC deposits, DBC /FCBC, special US dollar bonds and profits of December 31, 2013

Karachi, December 31, 2013 (PPI-OT): Domestic markets and monetary management department

Average rates for authorized dealers following are the conversion rates valid for:

A) Customer transactions on January 02, 2014 for the conversion of FC deposits, DBC /FCBC, special US dollar bonds and profits thereon and forward cover for deposits (excluding FE-25)

B) SBP settlement value date JANUARY 06, 2014.

Currency         Rate in Pak Rupee

U.S. Dollar          105.2971

Japanese Yen           1.0026

Pound Sterling       174.0877

Euro                 145.0152

For more information, contact:
Syed Wasimuddin
Chief Spokesman
State Bank of Pakistan (SBP)
Tel: +9221 3921 2562
Fax: +9221 3921 2563
Email: syed.wasimuddin@sbp.org.pk