SBP announces conversion rates

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GMT - 3 Hours SBP announces conversion rates

Post by yaad on Wed Sep 21, 2011 9:32 pm

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KARACHI: State Bank of Pakistan on Monday announced the rates 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.

The rates, applicable on 20th September are for providing forward cover on foreign currency deposits (excluding foreign exchange deposits) by the SBP, said a statement from State Bank here. (APP)

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