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 0.8679 23.02.16

CONVERSION RATES FOR FEB 23RD 2016 FOR FOREIGN CURRENCY
FOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE-25 DEPOSITS)

SBP SETTLEMENT VALUE DATE FEBRUARY 25’2016.

USD 104.8393
GBP 148.5048
EUR 116.2248
JPY 0.9285