Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (December 31, 2004).

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Countries      Selling    Buying     Buying

                TT&OD    TT Clean  OD/T.CHQ

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USA             59.65      59.45      59.39

UK             114.84     114.46     114.17

Euro            81.19      80.92      80.81

Canada          49.53      49.37      49.24

Switzerland     52.74      52.56      52.42

Australia       46.46      46.30      46.18

Sweden           9.00       8.97       8.95

Japan          0.5812     0.5793     0.5778

Norway          9.856      9.823      9.797

Singapore       36.51      36.38      36.29

Denmark        10.915     10.878     10.850

Saudi Arabia    15.91      15.85      15.81

Hong Kong        7.67       7.65       7.63

China            7.21       7.18       7.16

Kuwait         202.39     201.71     201.18

Malaysia        15.70      15.64      15.60

New Zealand     42.88      42.74      42.62

Qatar           16.39      16.33      16.29

UAE             16.24      16.19      16.14

KR Won         0.0576     0.0574     0.0573

Thailand        1.533      1.527      1.523

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