Conversion rates

Published March 2, 2008

KARACHI: The following are March 3 State Bank conversion rates for foreign currency deposits, dollar bearer certificates, foreign currency bearer certificates, and special US dollar bonds.

US dollar Rs 62.4360

Japanese yen Rs 0.5979

Pound sterling Rs 123.7981

Euro Rs 94.9090

LIBOR

The following is Libor rate for calculating interest on special US dollar bonds for March 1.

Libor

For 6 months 2.96%