KARACHI (PPI) State Bank of Pakistan (SBP) on Tuesday announced the rates applicable for conversion into rupees of foreign currency deposits, dollar bearer certificates, foreign currency bearer certificates, special US dollar bonds and profits thereon by all banks and for providing forward cover on foreign currency deposit (Excluding F.E 25 deposits) on 22nd June, 2011. The rates are: US Dollar Rs.85.6925/-, Japanese Yen Rs.1.0685/-, Pound Sterling Rs.138.6591/- and Euro Rs.122.7545/-.