Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (January 23, 2004).

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

CURRENCY           BUYING     SELLING   CURRENCY         BUYING   SELLING

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

US$ O/M               57.40    57.45    Euro               73.05    73.35

UK Pound             105.90   106.20    DEM                  -          -

Japan Yen            0.5386   0.5396    France Franc         -          -

Netherlands Guilder     -        -      Italy Lira           -          -

Denmark Krone          9.78     9.83    Norway Krone        8.46     8.51

Sweden Krona           7.97     8.03    Belgium Franc        -          -

Austria Schilling       -        -      Singapore Dollar   33.68    33.78

Australian Dollar     44.50    44.60    Canada Dollar      43.93    44.03

Spain Peseta            -        -      Hong Kong Dollar    7.31     7.36

UAE Dirham            15.60    15.65    Saudi Riyal        15.25    15.30

Kuwait Dinar         194.06   194.36    Qatar Riyal        15.70    15.75

Oman Riyal           148.62   148.92    Bahrain Dinar     151.32   151.62

Egypt Pound             -        -      Indian Rupee        1.28     1.32

Iraq (DNR)            .0.43     .044

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