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    BUYINGEuro     119.7     121Japanese Yen     1.08     1.1Saudi Riyal     24.15     24.35UK Pound Sterling     143.7     145US Dollar     90.9     91.2

Precious metals prices in Pakistan Rupee

Metal     10g     1 Tola     1 Ounce6    6    6    6Gold 24K      47,746       55,632       148,510Palladium     19,135     22,295     59,517Platinum     47,120     54,902     146,562Silver     917     1,068     2,851