SBP conversion rates

Karachi, August 16, 2011 (PPI): The State Bank of Pakistan on Monday announced the rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar Bonds and profits thereon by all banks and for providing Forward Cover on Foreign Currency Deposits (Excluding F.E. 25 deposits) by the State Bank on 17th August, 2011.

The rates are: US Dollar Rs 86.6127/=, Japanese Yen Rs 1.1273/=, Pound Sterling Rs 141.6291/= and Euro Rs 124.5577/.