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 Thursday.

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 0.9049 12.05.16

CONVERSION RATES FOR 12TH MAY 2016 FOR FOREIGN CURRENCY
FOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE-25 DEPOSITS)

SBP SETTLEMENT VALUE DATE MAY 16, 2016.

USD 104.6695
GBP 150.8183
EUR 119.2499
JPY 0.9636