Conversion rates

Published August 18, 2012

KARACHI: The following are August 23, State Bank conversion rates for foreign currency deposits, dollar bearer certificates, foreign currency bearer certificates and special US dollar bonds.

US dollar             Rs   94.4800 Japanese yen    Rs     1.1896 Pound sterling    Rs 148.4281 Euro    Rs 116.7584

LIBOR

The following is Libor rate for calculating interest on special US dollar bonds for August  17.

Libor

For 6 months    0.72%

Opinion

Editorial

Hasty transition
Updated 05 May, 2024

Hasty transition

Ostensibly, the aim is to exert greater control over social media and to gain more power to crack down on activists, dissidents and journalists.
One small step…
05 May, 2024

One small step…

THERE is some good news for the nation from the heavens above. On Friday, Pakistan managed to dispatch a lunar...
Not out of the woods
05 May, 2024

Not out of the woods

PAKISTAN’S economic vitals might be showing some signs of improvement, but the country is not yet out of danger....
Rigging claims
Updated 04 May, 2024

Rigging claims

The PTI’s allegations are not new; most elections in Pakistan have been controversial, and it is almost a given that results will be challenged by the losing side.
Gaza’s wasteland
04 May, 2024

Gaza’s wasteland

SINCE the start of hostilities on Oct 7, Israel has put in ceaseless efforts to depopulate Gaza, and make the Strip...
Housing scams
04 May, 2024

Housing scams

THE story of illegal housing schemes in Punjab is the story of greed, corruption and plunder. Major players in these...