Bullion rate

KARACHI: The following rates were received from the local bullion markets on Tuesday for 24 carat gold per ten grams:

Karachi Rs49,114.00 Lahore Rs49,114.00 Multan Rs49,114.00 Islamabad Rs49,114.00

KIBOR

Tenor

Bid

Offer

1 - Week 11.56 12.06 2 - Week 11.59 12.09 1 - Month 11.6 12.1 3 - Month 11.7 11.95 6 - Month 11.75 12 9 - Month 11.79 12.29 1 - Year 11.83 12.33 2 - Year 11.96 12.46 3 - Year 12.07 12.57

Forex rates

KARACHI: The State Bank of Pakistan announced the following weighted average exchange rates quoted by various commercial banks to their clients on Wednesday.

Buying

Selling

Dollar 94.539 94.724 Euro 114.869 115.098 Pound 146.323 146.613 Yen 1.209 1.212

LIBOR

The London Interbank Offer Rate (LIBOR) for calculating interest on special USD Bond for six months was quoted at 0.7279 on July 24.