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 Tuesday.

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 0.9072 10.05.16

CONVERSION RATES FOR 10TH MAY 2016 FOR FOREIGN CURRENCY
FOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE-25 DEPOSITS)

SBP SETTLEMENT VALUE DATE MAY 12, 2016.

USD 104.7189
GBP 151.4235
EUR 119.2434
JPY 0.9698