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SBP announces conversion rates

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By Fakir Syed Iqtidaruddin
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State_Bank_of_PakistanKARACHI: The State Bank of Pakistan (SBP) Saturday announced the rate 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) on June 27, 2011.

The rates are US Dollar Rs.85.8239, Japanese Yen Rs.1.0701, Pound Sterling Rs.137.5499 and Euro Rs.122.5650.

Copyright PPI (Pakistan Press International), 2011

State Bank of Pakistan (SBP)

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