Official KCA spot rates for local dealings in Pakistan rupees on Friday (July 02, 2004).

===========================================================
The KCA Official Spot Rate for Local Dealings in Pak Rupees
-----------------------------------------------------------
FOR BASE GRADE 3 STAPLE LENGTH 1-1/32"
 MICRONAIRE VALUE BETWEEN 3.8 TO 4.9 NCL
===========================================================
Rate           Ex-Gin     Upcountry    Spot Rate Ex-Karachi
for            Price                        Sales Tax @ 15%
===========================================================
37.32 Kgs      2900.00        50                    2950.00
Equivalent-------------------------------------------------
40 Kgs         3108.00        50                    3158.00
===========================================================