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 Monday.

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 0.8949 07.03.16

CONVERSION RATES FOR MAR 7TH 2016 FOR FOREIGN CURRENCY
FOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE-25 DEPOSITS)

SBP SETTLEMENT VALUE DATE MARCH 09’2016.

USD 104.7684
GBP 148.0482
EUR 114.8576
JPY 0.9212