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 0.1607 09.08.16

CONVERSION RATES FOR 09TH August 2016 FOR FOREIGN CURRENCY
FOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE-25 DEPOSITS)

SBP SETTLEMENT VALUE DATE August 11, 2016.

USD 104.7232
GBP 136.6114
EUR 116.1066
JPY 1.0227