RECORDER REPORT

KARACHI: Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Committee, c/o ANZ Grindlays Bank Ltd, on Wednesday (September 21, 2016).





========================================================

INTEREST PAYABLE ON FE DEPOSITS

========================================================

BBA BID MAXIMUM RATES

RATES FOR PAYMENT OF

INTEREST BY

AUTHORISED

DEALERS

========================================================

U.S. DOLLARS VALUE 21-09-2016 VALUE 21-09-2016

--------------------------------------------------------

For 3 months and over but less than

6 months 0.6107% PA 1.3607% PA

For 6 months and over but less than

12 Months 1.0066% PA 1.7566% PA

For 12 months 1.3058% PA 2.1808% PA

For 2 Years 1.3058% PA 2.6808% PA

For 3 Years 1.3058% PA 2.9308% PA

For 4 years 1.3058% PA 3.1808% PA

For 5 years 1.3058% PA 3.3058% PA

--------------------------------------------------------

POUND STERLING VALUE 21-09-2016 VALUE 21-09-2016

--------------------------------------------------------

For 3 months and over but less than

6 Months 0.1288% PA 0.8788% PA

For 6 months and over but less than

12 months 0.2750% PA 1.0250% PA

For 12 Months 0.4973% PA 1.3723% PA

For 2 Years 0.4973% PA 1.8723% PA

For 3 Years 0.4973% PA 2.1223% PA

For 4 years 0.4973% PA 2.3723% PA

For 5 years 0.4973% PA 2.4973% PA

--------------------------------------------------------

EURO VALUE 21-09-2016 VALUE 21-09-2016

--------------------------------------------------------

For 3 months and over but less than

6 months 0.0709% PA 0.8209% PA

For 6 months and over but less than

12 months -0.0417% PA 0.7083% PA

For 12 Months -0.1777% PA 0.6973% PA

For 2 Years -0.1777% PA 1.1973% PA

For 3 Years -0.1777% PA 1.4473% PA

For 4 years -0.1777% PA 1.6973% PA

For 5 years -0.1777% PA 1.8223% PA

--------------------------------------------------------

JAPANESE YEN VALUE 21-09-2016 VALUE 21-09-2016

--------------------------------------------------------

For 3 months and over but less than

6 months -0.2143% PA 0.5357% PA

For 6 months and over but less than

12 months -0.2395% PA 0.5105% PA

For 12 Months -0.1607% PA 0.7143% PA

For 2 Years -0.1607% PA 1.2143% PA

For 3 Years -0.1607% PA 1.4643% PA

For 4 Years -0.1607% PA 1.7143% PA

For 5 years -0.1607% PA 1.8393% PA

========================================================



Copyright Business Recorder, 2016


Money Market Report

RECORDER REPORT

KARACHI: Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (September 21, 2016).

DAILY MONEY MARKET COMMENTS: The interbank market initiated at 5.80%-5.90%. Major trading was witnessed within the range of 5.75%-5.85% and closed at the level of 5.60%-5.70%.





=================================================================

Repo Rates (Yield p a)

-----------------------------------------------------------------

Tenor Low Bid High Bid Low Offer High Offer Average

=================================================================

Overnight 5.75 5.90 5.80 6.00 5.86

1-Week 5.75 5.80 5.80 5.90 5.81

2-Week 5.65 5.90 5.75 5.90 5.80

1-Month 5.65 5.90 5.80 5.90 5.81

2-Months 5.70 5.90 5.80 5.90 5.83

3-Months 5.70 5.85 5.85 5.90 5.83

4-Months 5.70 5.85 5.85 5.90 5.83

5-Months 5.75 5.85 5.85 5.95 5.85

6-Months 5.75 5.85 5.85 5.95 5.85

9-Months 5.75 5.85 5.85 5.95 5.85

1-Year 5.75 5.85 5.85 5.95 5.85

=================================================================

Call Rates (Yield p a)

-----------------------------------------------------------------

Tenor Low Bid High Bid Low Offer High Offer Average

=================================================================

Overnight 5.75 5.90 5.80 6.00 5.86

1-Week 5.75 5.80 5.80 5.90 5.81

2-Week 5.65 5.85 5.75 5.90 5.79

1-Month 5.70 5.85 5.85 5.90 5.83

2-Months 5.70 5.90 5.85 6.00 5.86

3-Months 5.75 5.90 5.85 6.00 5.88

4-Months 5.80 5.90 5.85 6.00 5.89

5-Months 5.80 5.90 5.85 6.00 5.89

6-Months 5.80 5.90 5.85 6.00 5.89

9-Months 5.80 5.90 5.85 6.00 5.89

1-Year 5.80 5.90 5.85 6.00 5.89

=================================================================

================================

PIB Secondary Market Data

--------------------------------

Maturity Yield Range

================================

0.1-0.5 Years 5.90 5.95

0.6-1.0 Years 5.89 5.95

1.1-1.5 Years 5.95 6.00

1.6-2.0 Years 6.00 6.05

2.1-2.5 Years 6.18 6.20

2.6-3.0 Years 6.16 6.18

3.1-3.5 Years 6.30 6.35

3.6-4.0 Years 6.37 6.40

4.1-4.5 Years 6.55 6.60

4.6-5.0 Years 6.67 6.69

5.1-5.5 Years 6.81 6.85

5.6-6.0 Years 6.85 6.87

6.1-6.5 Years 7.00 7.08

6.6-7.0 Years 7.15 7.20

7.1-7.5 Years 7.30 7.35

7.6-8.0 Years 7.35 7.45

8.1-8.5 Years 7.40 7.50

8.6-9.0 Years 7.60 7.70

9.1-9.5 Years 7.70 7.75

9.5-10.0 Years 7.76 7.77

15 Years 10.00 10.10

20 Years 10.40 10.50

30 Years 10.45 11.00

================================

Clean Deposit Market

--------------------------------

Tenor Range (% p a)

================================

1 Month 6.00 6.25

3 Months 6.10 6.25

6 Months 6.10 6.25

12 Months 6.15 6.30

================================

T-Bill Secondary Market Data

================================

3 Months, 6 Months &

================================

12 Months Instruments

================================

Days to Maturity Yield Range %

================================

0-7 Days 5.85 5.90

8-15 Days 5.85 5.95

16-30 Days 5.85 5.90

31-60 Days 5.83 5.90

61-90 Days 5.85 5.90

91-120 Days 5.85 5.90

121-180 Days 5.90 5.95

181-270 Days 5.90 5.95

271-365 Days 5.90 5.95

================================

Kerb Market FX Rate

--------------------------------

Currency Bid Offer

--------------------------------

USD 105.10 105.30

EUR 116.20 116.50

GBP 136.20 136.50

JPY 1.01 1.04

================================



Copyright Business Recorder, 2016


State Bank of Pakistan conversion rates

RECORDER REPORT

KARACHI: 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 also for providing forward cover on foreign currency deposit (Excluding FE-25 Deposits) issued by the Foreign Exchange Rates Committee on Wednesday (September 21, 2016).





===========================

US Dollar 104.6334

Pound Sterling 136.0234

Euro 117.0115

Japanese Yen 1.0283

===========================



Copyright Business Recorder, 2016


Exchange rates: buying and selling

RECORDER REPORT

KARACHI: Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (September 21, 2016).





=========================================

Countries Selling Buying Buying

TT&OD TT Clean OD/T.CHQ

=========================================

U.S.A. 104.40 104.20 103.99

U.K. 135.46 135.20 134.93

EURO 116.39 116.17 115.93

CANADA 79.22 79.07 78.86

SWITZERLAND 106.64 106.44 106.16

AUSTRALIA 78.87 78.72 78.52

SWEDEN 12.15 12.13 12.09

JAPAN 1.0254 1.0234 1.0207

NORWAY 12.57 12.55 12.52

SINGAPORE 76.68 76.53 76.33

DENMARK 15.62 15.59 15.55

SAUDI ARABIA 27.83 27.78 27.71

HONG KONG 13.46 13.43 13.40

CHINA 15.65 15.62 15.58

KUWAIT 346.44 345.78 344.87

MALAYSIA 25.16 25.11 25.05

NEWZEALAND 76.35 76.20 76.00

QATAR 28.67 28.61 28.54

U.A.E. 28.42 28.37 28.29

KR WON 0.0938 0.0936 0.0934

THAILAND 3.000 2.994 2.986

=========================================



Copyright Business Recorder, 2016


Conversion for foreign currency deposits

RECORDER REPORT

KARACHI: Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Wednesday (September 21, 2016).





===============================================

US DOLLAR POUND STERLING EURO JAPANESE YEN

===============================================

104.6334 136.0234 117.0115 1.03

===============================================



Copyright Business Recorder, 2016


Currency notes: exchange rates

RECORDER REPORT

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Wednesday (September 21, 2016).





=============================================

AUTHORISED DEALERS' RATES FOR CURRENCY NOTES

=============================================

COUNTRY SELLING BUYING

=============================================

U.S.A 105.44 102.95

S.ARABIA 27.97 26.32

U.K 136.82 133.58

JAPAN 1.0356 1.0105

EURO 117.55 114.77

U.A.E 28.71 26.31

=============================================



Copyright Business Recorder, 2016


LIBOR calculating interest on US dollar

RECORDER REPORT

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Wednesday (September 21, 2016).





=========================================

BONDS LIBOR VALUE

=========================================

6 Months US Dollar 1.2473 21-09-2016

=========================================



Copyright Business Recorder, 2016


Interest rates on old and incremental FCY deposits

RECORDER REPORT

KARACHI: Interest rates on old and incremental FCY deposits on Wednesday (September 21, 2016).





==================

Rates % pa

==================

USD 0.1000

GBP 0.1000

JPY 0.0000

==================



Copyright Business Recorder, 2016


Interest rates on new foreign currency deposits

RECORDER REPORT

KARACHI: Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (September 21, 2016).





=================================================

INTEREST RATES ON NEW FOREIGN CURRENCY DEPOSITS

US DOLLAR

=================================================

PERIOD FOR THE MONTH OF SEPTEMBER 2016 % PA

-------------------------------------------------

For 1 week and over but less than 1 month -

For 1 month and over but less than 3 months -

For 3 months -

=================================================



Copyright Business Recorder, 2016


Bill buying rates per unit of currency

RECORDER REPORT

KARACHI: Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Wednesday (September 21, 2016).





========================================================================

BILL BUYING RATES PER UNIT OF CURRENCY

========================================================================

Bill 30 Days 60 Days 90 Days 120 Days 150 Days 180 Days

========================================================================

US Dollar

USD L/C 103.73 103.23 102.69 102.47 102.03 100.93

UK Pound Sterling

GBP L/C 134.56 133.96 133.35 132.93 132.37 131.46

Euro

EUR L/C 115.68 115.23 114.78 114.21 113.73 113.38

========================================================================



Copyright Business Recorder, 2016


Banks' rates for currency notes (buying and selling)

RECORDER REPORT

KARACHI: The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Wednesday (September 21, 2016).





===================================

Selling Buying

===================================

U.S.A 105.44 102.95

S.ARABIA 27.97 26.32

U.K 136.82 133.58

JAPAN 1.0356 1.0105

EURO 117.55 114.77

U.A.E 28.71 26.31

===================================



Copyright Business Recorder, 2016


Spot dollar rates

RECORDER REPORT

KARACHI: Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (September 21, 2016).





=======================================

Ex Interbank Rate PKR against USD

=======================================

BID OFFER CLOSE

=======================================

Ready 104.7600 104.7800 104.7700

1 week 104.8650 104.8700 104.8675

2 week 104.9350 104.9450 104.9400

1 Month 105.1200 105.1400 105.1300

2 Months 105.4900 105.5100 105.5000

3 Months 105.8300 105.8500 105.8400

4 Months 106.1900 106.2100 106.2000

5 Months 106.5200 106.5400 106.5300

6 Months 106.8200 106.8400 106.8300

12 Months 108.9700 109.1700 109.0700

SWAP Base Rate => 104.7700

=======================================



Copyright Business Recorder, 2016


Open market rates of foreign currencies

RECORDER REPORT

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday (September 21, 2016).





=========================================================================

CURRENCY BUYING SELLING CURRENCY BUYING SELLING

=========================================================================

US $ (O/M) 104.90 105.10 SGD $ 75.96 76.46

SAUDIA RIYAL 27.60 27.80 HK $ 13.30 13.80

UAE DIRHAM 28.40 28.60 KWD 343.56 343.66

EURO 115.90 117.40 QTR RIYAL 28.38 28.48

UK POUND 135.50 137.00 OMANI RIYAL 269.56 270.06

JAPANI YEN 1.02361 1.04361 BH DINAR 273.94 274.44

CHF 105.94 106.94 INDIAN RUPEE 1.55 1.60

DKK 15.44 15.54 IRQ DINAR 0.074 0.080

NOK 12.45 12.55 MALAYSIAN RINGIT 25.80 26.80

SEK 12.01 12.11 IRANI RIYAL 0.0027 0.0032

AUD $ 78.58 79.58 BTK 1.25 1.35

CAD $ 79.50 80.50 Afghani 1.60 1.70

=========================================================================



Copyright Business Recorder, 2016


Currency values in terms of Special Drawing Rights

RECORDER REPORT

WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).





======================================================================================

September 21, 2016

======================================================================================

Currency units per SDR SDR per Currency unit

======================================================================================

Currency 20-Sep-16 19-Sep-16 16-Sep-16 15-Sep-16

======================================================================================

Euro 0.801375 0.799905 0.801927 0.803677

Japanese Yen 0.00703039 0.00700685 0.00696776

U.K. Pound Sterling 0.929277 0.934954 0.940868 0.94436

U.S. Dollar 0.716537 0.71644 0.714348 0.714126

Algerian Dinar 0.00654623 0.00655115 0.00653813 0.00654956

Australian Dollar 0.540412 0.540482 0.536547 0.533381

Bahrain Dinar 1.90568 1.90543 1.89986 1.89927

Botswana Pula 0.0679277 0.0674886 0.066863 0.066985

Brazilian Real 0.219595 0.217116 0.21439 0.214736

Brunei Dollar 0.525552 0.525172 0.524254 0.523016

Canadian Dollar 0.541682 0.54354 0.54064 0.543227

Chilean Peso 0.00106206 0.00106403 0.00105807

Chinese Yuan 0.107414 0.107425

Colombian Peso 0.000244704 0.000242321 0.0002431 0.000240232

Czech Koruna 0.029658 0.0296086 0.0296742 0.0297342

Danish Krone 0.107538 0.107366 0.107683 0.107929

Hungarian Forint 0.00259662 0.00259919 0.0025916 0.00258573

Icelandic Krona 0.00622318 0.00621802 0.00622797 0.00622984

Indian Rupee 0.0106914 0.0107133 0.010681 0.0106547

Indonesian Rupiah 5.45227E-05 5.44242E-05 5.44016E-05 5.41415E-05

Iranian Rial 2.28333E-05 2.27813E-05

Israeli New Sheqel 0.189761 0.189785 0.189885 0.188972

Kazakhstani Tenge 0.00211119 0.00211121 0.00210412 0.00210346

Korean Won 0.000639765 0.000644107

Kuwaiti Dinar 2.37539 2.37428 2.3701 2.36936

Libyan Dinar 0.517491 0.517491 0.517491 0.517491

Malaysian Ringgit 0.17291 0.173409 0.172975

Mauritian Rupee 0.0202515 0.0202708 0.0202287 0.0202138

Mexican Peso 0.0362308 0.036535 0.0370948

Nepalese Rupee 0.00669035 0.00668508 0.0066668 0.0066747

New Zealand Dollar 0.523717 0.522571 0.522474 0.519384

Norwegian Krone 0.0864965 0.0864712 0.0865782 0.0867447

Rial Omani 1.86356 1.8633 1.85786 1.85728

Pakistani Rupee 0.00685241 0.0068468 0.00682645 0.00682655

Nuevo Sol 0.211526 0.210598 0.210968

Philippine Peso 0.014969 0.0150115 0.0150165 0.0150206

Polish Zloty 0.186414 0.185674 0.185559 0.185069

Qatar Riyal 0.196851 0.196824 0.196249 0.196188

Russian Ruble 0.011066 0.0110362 0.010991 0.01095

Saudi Arabian Riyal 0.191077 0.191051 0.190493 0.190434

Singapore Dollar 0.525552 0.525172 0.524254 0.523016

South African Rand 0.0516639 0.051065 0.0504697 0.0498658

Sri Lanka Rupee 0.00491621 0.00491343 0.00490477

Swedish Krona 0.0838536 0.083621 0.0841528 0.0837861

Swiss Franc 0.73273 0.730242 0.732514 0.733565

Thai Baht 0.0205724 0.0205519 0.0205084 0.0204585

Trinidad And Tobago Dollar 0.106758 0.106758 0.106482 0.106594

Tunisian Dinar 0.324275 0.324867 0.324847 0.324404

U.A.E. Dirham 0.195109 0.195082 0.194513 0.194452

Peso Uruguayo 0.0251807 0.0250816 0.0247754

Bolivar Fuerte 0.0718333 0.0718236 0.0716138 0.0715916

======================================================================================



NOTES

(1) The value of the U.S. dollar in terms of the SDR is the recip rocal of the sum of the dollar values, based on market exchange rates, of specified quant ities of the first four currencies shown. See SDR Valuation.

The value in terms of the SDR of each of the other currencies shown above is derived from that currency's representative exchange rate against the U.S. dollar as reported by the issuing central bank and the SDR value of the U.S. dollar, except for the Iranian rial and the Libyan dinar, the values of which are officially expressed directly in terms of domestic currency units per SDR. All figures are rounded to six significant digits. See Representative Exchange Rates for Selected Currencies.

(2) The value in terms of each national currency of the SDR is the reciprocal of the value in terms of the SDR of each national currency, rounded to six significant digits.

Copyright Business Recorder, 2016