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 (February 22, 2017).





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

US Dollar 104.8514

Pound Sterling 130.3093

Euro 110.5658

Japanese Yen 0.9221

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



Copyright Business Recorder, 2017


Barclays bid rates and maximum rates for payment of interest

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 (February 22, 2017).





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

INTEREST PAYABLE ON FE DEPOSITS

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

BBA BID MAXIMUM RATES

RATES FOR PAYMENT OF

INTEREST BY

AUTHORISED

DEALERS

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

U.S. DOLLARS VALUE 22-02-2017 VALUE 22-02-2017

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

For 3 months and over but less than

6 months 0.8001% PA 1.5501% PA

For 6 months and over but less than

12 Months 1.1071% PA 1.8571% PA

For 12 months 1.4854% PA 2.3604% PA

For 2 Years 1.4854% PA 2.8604% PA

For 3 Years 1.4854% PA 3.1104% PA

For 4 years 1.4854% PA 3.3604% PA

For 5 years 1.4854% PA 3.4854% PA

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

POUND STERLING VALUE 22-02-2017 VALUE 22-02-2017

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

For 3 months and over but less than

6 Months 0.1059% PA 0.8559% PA

For 6 months and over but less than

12 months 0.2674% PA 1.0174% PA

For 12 Months 0.4931% PA 1.3681% PA

For 2 Years 0.4931% PA 1.8681% PA

For 3 Years 0.4931% PA 2.1181% PA

For 4 years 0.4931% PA 2.3681% PA

For 5 years 0.4931% PA 2.4931% PA

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

EURO VALUE 22-02-2017 VALUE 22-02-2017

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

For 3 months and over but less than

6 months 0.1021% PA 0.8521% PA

For 6 months and over but less than

12 months -0.0041% PA 0.7459% PA

For 12 Months -0.1391% PA 0.7359% PA

For 2 Years -0.1391% PA 1.2359% PA

For 3 Years -0.1391% PA 1.4859% PA

For 4 years -0.1391% PA 1.7359% PA

For 5 years -0.1391% PA 1.8609% PA

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

JAPANESE YEN VALUE 22-02-2017 VALUE 22-02-2017

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

For 3 months and over but less than

6 months -0.2323% PA 0.5177% PA

For 6 months and over but less than

12 months -0.2259% PA 0.5241% PA

For 12 Months -0.1209% PA 0.7541% PA

For 2 Years -0.1209% PA 1.2541% PA

For 3 Years -0.1209% PA 1.5041% PA

For 4 Years -0.1209% PA 1.7541% PA

For 5 years -0.1209% PA 1.8791% PA

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



Copyright Business Recorder, 2017


Exchange rates: buying and selling

RECORDER REPORT

KARACHI: Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (February 22, 2017).





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

Countries Selling Buying Buying

TT&OD TT Clean OD/T.CHQ

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

U.S.A. 104.60 104.40 104.19

U.K. 130.70 130.45 130.18

EURO 110.30 110.09 109.86

CANADA 79.70 79.55 79.34

SWITZERLAND 103.67 103.47 103.20

AUSTRALIA 80.45 80.30 80.09

SWEDEN 11.66 11.64 11.61

JAPAN 0.9219 0.9201 0.9177

NORWAY 12.53 12.51 12.47

SINGAPORE 73.69 73.55 73.36

DENMARK 14.84 14.81 14.77

SAUDI ARABIA 27.89 27.84 27.77

HONG KONG 13.48 13.45 13.42

CHINA 15.40 15.37 15.33

KUWAIT 342.39 341.73 340.84

MALAYSIA 23.47 23.43 23.37

NEWZEALAND 74.93 74.79 74.59

QATAR 28.73 28.67 28.60

U.A.E. 28.48 28.42 28.35

KR WON 0.0916 0.0915 0.0912

THAILAND 2.987 2.981 2.973

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



Copyright Business Recorder, 2017


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 (February 22, 2017).





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

US DOLLAR POUND STERLING EURO JAPANESE YEN

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

104.8514 130.9093 110.5658 0.92

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



Copyright Business Recorder, 2017


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 (February 22, 2017).





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

AUTHORISED DEALERS' RATES FOR CURRENCY NOTES

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

COUNTRY SELLING BUYING

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

U.S.A 105.65 103.14

S.ARABIA 28.03 26.38

U.K 132.01 128.88

JAPAN 0.9311 0.9085

EURO 111.40 108.76

U.A.E 28.76 26.37

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



Copyright Business Recorder, 2017


LIBOR calculating interest on US dollar

RECORDER REPORT

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Wednesday (February 22, 2017).





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

BONDS LIBOR VALUE

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

6 Months US Dollar 1.3574 22-02-2017

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



Copyright Business Recorder, 2017


Interest rates on old and incremental FCY deposits

RECORDER REPORT

KARACHI: Interest rates on old and incremental FCY deposits on Wednesday (February 22, 2017).





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

Rates % pa

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

USD 0.1000

GBP 0.1000

JPY 0.0000

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



Copyright Business Recorder, 2017


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 (February 22, 2017).





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

INTEREST RATES ON NEW FOREIGN CURRENCY DEPOSITS

US DOLLAR

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

PERIOD FOR THE MONTH OF FEBRUARY 2017 % 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, 2017


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 (February 22, 2017).





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

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 103.90 103.40 102.84 102.67 102.23 101.07

UK Pound Sterling

GBP L/C 129.83 129.26 128.67 128.25 127.72 126.84

Euro

EUR L/C 109.63 109.21 108.79 108.23 107.78 107.47

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



Copyright Business Recorder, 2017


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 (February 22, 2017).





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

Selling Buying

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

U.S.A 105.65 103.14

S.ARABIA 28.03 26.38

U.K 132.01 128.88

JAPAN 0.9311 0.9085

EURO 111.40 108.76

U.A.E 28.76 26.37

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



Copyright Business Recorder, 2017


Money Market Report

RECORDER REPORT

KARACHI: Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (February 22, 2017).

DAILY MONEY MARKET COMMENTS: The interbank market initiated at 5.60%-5.75%. Major trading was witnessed within the range of 5.00%-5.25%and closed at the level of 5.00%- 5.25%.





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

Repo Rates (Yield p a)

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

Tenor Low Bid High Bid Low Offer High Offer Average

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

Overnight 4.50 5.50 4.75 5.00 4.94

1-Week 5.80 5.83 5.84 5.90 5.84

2-Week 5.85 5.90 5.95 6.00 5.93

1-Month 5.80 5.85 5.80 5.90 5.84

2-Months 5.80 5.85 5.80 5.90 5.84

3-Months 5.80 5.85 5.85 5.90 5.85

4-Months 5.80 5.85 5.85 5.90 5.85

5-Months 5.85 5.90 5.85 5.95 5.89

6-Months 5.85 5.90 5.90 5.95 5.90

9-Months 5.85 5.90 5.90 5.95 5.90

1-Year 5.85 5.90 5.90 5.95 5.90

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

Call Rates (Yield p a)

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

Tenor Low Bid High Bid Low Offer High Offer Average

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

Overnight 5.65 5.85 5.75 5.90 5.79

1-Week 5.80 5.85 5.85 5.95 5.86

2-Week 5.80 5.90 5.85 5.95 5.88

1-Month 5.80 5.90 5.90 6.00 5.90

2-Months 5.80 5.90 5.90 6.00 5.90

3-Months 5.80 5.90 5.90 6.00 5.90

4-Months 5.85 5.90 5.90 6.00 5.91

5-Months 5.85 5.90 5.90 6.00 5.91

6-Months 5.85 5.90 5.90 6.00 5.91

9-Months 5.85 5.90 5.90 6.00 5.91

1-Year 5.85 5.90 5.90 6.00 5.91

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

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

PIB Secondary Market Data

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

Maturity Yield Range

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

0.1-0.5 Years 5.88 5.90

0.6-1.0 Years 5.92 5.94

1.1-1.5 Years 5.96 5.98

1.6-2.0 Years 6.10 6.15

2.1-2.5 Years 6.22 6.25

2.6-3.0 Years 6.38 6.40

3.1-3.5 Years 6.45 6.54

3.6-4.0 Years 6.45 6.54

4.1-4.5 Years 6.70 6.80

4.6-5.0 Years 6.99 7.00

5.1-5.5 Years 7.10 7.15

5.6-6.0 Years 7.15 7.20

6.1-6.5 Years 7.25 7.30

6.6-7.0 Years 7.45 7.50

7.1-7.5 Years 7.65 7.70

7.6-8.0 Years 7.75 7.80

8.1-8.5 Years 7.80 7.90

8.6-9.0 Years 7.85 7.95

9.1-9.5 Years 7.90 8.00

9.5-10.0 Years 8.00 8.10

15 Years 9.50 10.00

20 Years 10.00 10.25

30 Years 10.50 10.75

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

Clean Deposit Market

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

Tenor Range (% p a)

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

1 Month 6.05 6.25

3 Months 6.15 6.25

6 Months 6.15 6.30

12 Months 6.25 6.40

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

T-Bill Secondary Market Data

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

3 Months, 6 Months &

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

12 Months Instruments

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

Days to Maturity Yield Range %

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

0-7 Days 5.80 5.85

8-15 Days 5.85 5.90

16-30 Days 5.85 5.90

31-60 Days 5.91 5.93

61-90 Days 5.92 5.94

91-120 Days 5.92 5.95

121-180 Days 5.96 5.98

181-270 Days 5.96 6.00

271-365 Days 5.97 6.00

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

Kerb Market FX Rate

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

Currency Bid Offer

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

USD 107.30 107.7

EUR 112.00 113.00

GBP 133.20 134.20

JPY 0.91 0.98

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



Copyright Business Recorder, 2017


Spot dollar rates

RECORDER REPORT

KARACHI: Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (February 22, 2017).





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

Fx Interbank Rate PKR against USD

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

BID OFFER CLOSE

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

Ready 104.8400 104.8600 104.8500

1 week 104.8950 104.9050 104.9000

2 week 104.9400 104.9500 104.9450

1 Month 105.0400 105.0600 105.0500

2 Months 105.2300 105.2500 105.2400

3 Months 105.4100 105.4300 105.4200

4 Months 105.6200 105.6400 105.6300

5 Months 105.7700 105.7900 105.7800

6 Months 105.9500 105.9700 105.9600

12 Months 107.3500 107.5000 107.4250

SWAP Base Rate => 104.8500

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



Copyright Business Recorder, 2017


Open market rates of foreign currencies

RECORDER REPORT

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday (February 22, 2017).





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

CURRENCY BUYING SELLING CURRENCY BUYING SELLING

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

US $ (CASH FREE MARKET) 107.10 107.30 SGD $ 74.91 75.41

SAUDIA RIYAL 28.50 28.70 HK $ 13.68 14.18

UAE DIRHAM 29.20 29.40 KWD 349.49 349.59

EURO 112.50 114.00 QTR RIYAL 29.19 29.29

UK POUND 133.00 134.50 OMANI RIYAL 261.90 262.40

JAPANI YEN 0.94022 0.96022 BH DINAR 281.69 282.19

CHF 104.98 105.98 INDIAN RUPEE NIL NIL

DKK 15.01 15.11 IRQ DINAR 0.074 0.080

NOK 12.66 12.76 MALAYSIAN RINGIT 24.00 25.00

SEK 11.79 11.89 IRANI RIYAL 0.0025 0.0030

AUD $ 81.60 82.60 BTK 1.28 1.38

CAD $ 81.20 82.20 AFGHANI 1.60 1.70

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



Copyright Business Recorder, 2017


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).





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

February 22, 2017

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

Currency units per SDR SDR per Currency unit

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

Currency 21-Feb-17 17-Feb-17 16-Feb-17 15-Feb-17

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

Chinese Yuan 0.107592 0.107425 0.107599 0.107858

Euro 0.780608 0.786048 0.78646 0.781902

Japanese Yen 0.0065271 0.00650629 0.00648503 0.00647938

U.K. Pound Sterling 0.920143 0.916391 0.922458 0.920429

U.S. Dollar 0.740826 0.738073 0.738321 0.740788

Algerian Dinar 0.00671223 0.00671375 0.00671923 0.00670985

Australian Dollar 0.568065 0.56898 0.569467 0.568258

Bahrain Dinar 1.97028 1.96296 1.96362 1.97018

Botswana Pula 0.070897 0.0709288 0.071248 0.0711156

Brazilian Real 0.239656 0.241959 0.239925 0.238979

Brunei Dollar 0.521451 0.520723 0.520164 0.521939

Canadian Dollar 0.563409 0.562727 0.566179

Chilean Peso 0.00115356 0.00115622 0.00115375

Colombian Peso 0.00025521 0.00025666 0.000256715 0.000258327

Czech Koruna 0.0288889 0.0290901 0.0291136

Danish Krone 0.105015 0.105746 0.10579 0.105172

Hungarian Forint 0.00253873 0.00255168 0.00254989 0.00253582

Icelandic Krona 0.00668857 0.00668605 0.00667258 0.00662186

Indian Rupee 0.0110083 0.0110285 0.0110699

Indonesian Rupiah 5.54096E-05 5.53776E-05 5.53921E-05

Iranian Rial 2.28671E-05 2.27947E-05 2.28695E-05

Israeli New Sheqel 0.199845 0.19862 0.198687 0.197702

Kazakhstani Tenge 0.00233508 0.00231654 0.00231144 0.00230991

Korean Won 0.000645544 0.000648058 0.000646742 0.000647259

Kuwaiti Dinar 2.42576 2.41714 2.41795 2.42484

Libyan Dinar 0.517491 0.517491 0.517491 0.517491

Malaysian Ringgit 0.166123 0.165561 0.165654 0.166469

Mauritian Rupee 0.0207521 0.0207775 0.0208634

Mexican Peso 0.036087 0.0364464

Nepalese Rupee 0.00691392 0.00689144 0.00689375 0.00691485

New Zealand Dollar 0.530654 0.532298 0.534249 0.530034

Norwegian Krone 0.0885668 0.0886734 0.0886755 0.0883278

Rial Omani 1.92673 1.91957 1.92021 1.92663

Pakistani Rupee 0.00706586 0.0070405 0.00704293 0.0070671

Nuevo Sol 0.226472

Philippine Peso 0.0147628 0.0147836 0.0148472

Polish Zloty 0.180945 0.181376 0.182 0.18178

Qatar Riyal 0.203524 0.202767 0.202835 0.203513

Russian Ruble 0.012804 0.0128062 0.0129188 0.0130485

Saudi Arabian Riyal 0.197554 0.196819 0.196886 0.197543

Singapore Dollar 0.521451 0.520723 0.520164 0.521939

South African Rand 0.0562263 0.056286 0.0569367 0.0568608

Sri Lanka Rupee 0.00490209 0.00489607 0.00489792 0.00491416

Swedish Krona 0.0824973 0.0830639 0.0829146 0.08284

Swiss Franc 0.733709 0.73859 0.737657 0.734108

Thai Baht 0.0211393 0.0210914 0.0210961 0.0211545

Trinidad And Tobago Dollar 0.109551 0.109312 0.1094 0.109766

Tunisian Dinar 0.323423 0.322923 0.321275 0.323913

U.A.E. Dirham 0.201723 0.200973 0.20104 0.201712

Peso Uruguayo 0.0260937 0.0260969

Bolivar Fuerte 0.0740171 0.0742645

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



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, 2017