Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (January 19, 2005).

===========================================================
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      2075.00         50                   2125.00
Equivalent-------------------------------------------------
40 Kgs         2224.00         50                   2274.00
===========================================================