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 0.8672 09.02.16

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

SBP SETTLEMENT VALUE DATE FEBRUARY 11’2016.

USD 104.1197
GBP 150.9632
EUR 116.3850
JPY 0.8917