KARACHI: The following are May 22, State Bank conversion rates for foreign currency deposits, dollar bearer certificates, foreign currency bearer certificates and special US dollar bonds.

US dollar Rs98.4387 Japanese yen Rs0.9588 Pound sterling Rs149.3513 Euro Rs126.7103

LIBOR

The following is Libor rate for calculating interest on special US dollar bonds for May 21.

For 6 months 0.4199%

Opinion

Editorial

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