Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Thursday (January 15, 2004).

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Countries      Selling    Buying     Buying
                TT&OD    TT Clean  OD/T.CHQ
===========================================
USA             57.60      57.40      57.32
UK             105.64     105.27     105.01
Euro            72.90      72.65      72.52
Canada          44.70      44.55      44.43
Switzerland     46.77      46.61      46.49
Australia       44.61      44.46      44.34
Sweden           7.94       7.91       7.89
Japan          0.5425     0.5406     0.5392
Norway          8.535      8.505      8.483
Singapore       33.99      33.87      33.78
Denmark         9.788      9.754      9.729
Saudi Arabia    15.36      15.31      15.27
Hong Kong        7.42       7.39       7.37
China            6.96       6.94       6.92
Kuwait         195.47     194.79     194.28
Malaysia        15.16      15.11      15.07
New Zealand     39.01      38.87      38.77
Qatar           15.82      15.76      15.72
UAE             15.68      15.63      15.59
KR Won         0.0486     0.0484     0.0483
Thailand        1.477      1.472      1.468
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