Business News

Foreign exchange rates

KARACHI, (APP): The Exchange Rates Committee of
Financial Markets Association of Pakistan issued the following
exchange rates bulletin, here on Wednesday.

LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS
VIDE SBP F.E. CIRCULAR NO.42 & 21.07.98 & 04.08.98 RESPECTIVELY.

LIBOR VALUE
6 MONTHS US DOLLAR 0.8964 13.04.16

CONVERSION RATES FOR APR 13TH 2016 FOR FOREIGN CURRENCY
FOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE-25 DEPOSITS)

SBP SETTLEMENT VALUE DATE APRIL 15’2016.

USD 104.7298
GBP 149.8579
EUR 119.5805
JPY 0.9669