On Jan . 22, for instance, the buying rate for the U . S . dollar was Rp 11, 800, while the selling price was Rp 10, 500, reflecting a spread of Rp 1, 300, or 12 percent.
22.
The State Bank of Pakistan adjusted the rupee buying rate to 44 . 05 from 40 . 52 against the U . S . dollar while the selling rate was adjusted to 44 . 2703 from 40 . 7226.
23.
The buying rate of a foreign currency at a specific place is always higher than the selling rate at the same place, otherwise I could make a profit simply by standing at the same spot and exchanging money back and forth.
24.
On 9 September 1973, the peg was adjusted to US $ 1.4875, the fluctuation limits being changed to US $ 1.485 US $ 1.490; on both 7 December 1973 and 10 December 1973, the noon buying rate in New York City for cable transfers payable in foreign currencies reached its highest point of 1.4885 U . S . dollars to one dollar.
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