ISLAMABAD (Reuters)

Pakistan's foreign exchange reserves rose to $16.43 billion in the week ending April 27, from $16.42 billion the previous week, the State Bank said on Thursday. Reserves held by the State Bank of Pakistan (SBP) rose to $12.07 from $11.92 billion a week earlier, while those held by commercial banks fell to $4.36 billion from $4.50 billion. 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 Asian Development Bank.

 open market forex rates on 03/05/2012

Country     SELLING    BUYING

Euro     119.5     119.5

Japanese Yen     1.13     1.14

Saudi Riyal     24.25     24.45

UK Pound Sterling     145.5     146.6

US Dollar     91.25     91.55

Precious metals prices in Pakistan Rupee

Metal     10g     1 Tola     1 Ounce

6    6    6    6

Gold 24K      47,768       55,657       148,576

Palladium     19,374     22,574     60,262

Platinum     45,005     52,438     139,983

Silver     882     1,027     2,742