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Forex reserves flat at $16.39b
 
 
 

KARACHI - Pakistan's foreign exchange reserves were $16.39 billion in the week ended March 16, unchanged from the previous week, the State Bank said on Thursday. Reserves held by the SBP fell to $11.67 billion from $11.86 billion a week earlier, while those held by commercial banks rose to $4.72 billion, compared with $4.53 billion the previous week. Foreign exchange reserves hit a record $18.31 billion in July last year, boosted by inflows of $411 million, including a $191.9 million loan from the World Bank, and a $196.8 million loan from the ADB.


 open market forex rates on 22/03/2012


Country     SELLING    BUYING
Euro     119.7     121
Japanese Yen     1.08     1.1
Saudi Riyal     24.15     24.35
UK Pound Sterling     143.7     145
US Dollar     90.9     91.2


Precious metals prices in Pakistan Rupee


Metal     10g     1 Tola     1 Ounce
6    6    6    6
Gold 24K      47,746       55,632       148,510
Palladium     19,135     22,295     59,517
Platinum     47,120     54,902     146,562
Silver     917     1,068     2,851

 
 
on epaper page 16
 
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forex reserves flat 16 39b
 
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