Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (July 16, 2004).

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Countries      Selling    Buying     Buying
                TT&OD    TT Clean  OD/T.CHQ
===========================================
USA             58.33      58.13      58.04
UK             108.09     107.71     107.41
Euro            72.15      71.91      71.78
Canada          44.17      44.02      43.90
Switzerland     47.25      47.09      46.97
Australia       42.15      42.01      41.90
Sweden           7.85       7.83       7.80
Japan          0.5332     0.5313     0.5299
Norway          8.526      8.497      8.474
Singapore       34.20      34.08      34.00
Denmark         9.705      9.671      9.646
Saudi Arabia    15.55      15.50      15.46
Hong Kong        7.48       7.45       7.43
China            7.05       7.02       7.00
Kuwait         197.86     197.18     196.66
Malaysia        15.35      15.30      15.26
New Zealand     38.03      37.90      37.80
Qatar           16.03      15.97      15.93
UAE             15.88      15.83      15.78
KR Won         0.0501     0.0499     0.0598
Thailand        1.428      1.423      1.419
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