Forex reserves rise to record $18.31 billion

A senior official in the State Bank of Pakistan's reserves of foreign currencies rose to a record high of $ 18310000000 in the week ending July 30, until the life of the previous high of 18.3 billion dollars a week before the strike on Thursday - KARACHI

The chief spokesman for Mr. SBP Wasimuddin reserves of the State Bank of Pakistan (SBP) jumped to 14.78 billion dollars from 14.74 billion dollars a week earlier, while those held by commercial banks fell to $ 3.53 billion from 3.56 billion dollars.
And increased reserves, Pakistan's foreign exchange in the month of June of flows of $ 411 million, including a loan of U.S. $ 191.9 million from the World Bank, and another loan of 196.8 million from the Asian Development Bank.
And helped export revenues, and higher flow of remittances of foreign exchange reserves of Pakistan is growing steadily.

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Gold and Silver Rates in Pakistan:

City	Gold			Silver
	24K 10 Grams	24K Per Tola	22K 10 Grams	10 Grams
Karachi	Rs. 42,257.00	Rs. 49,300.00	Rs. 38,735.00	Rs. 1,028.57
Hyderabad	Rs. 42,257.00	Rs. 49,300.00	Rs. 38,735.00	Rs. 1,028.57
Lahore	Rs. 42,257.00	Rs. 49,300.00	Rs. 38,735.00	Rs. 1,028.57
Multan	Rs. 42,257.00	Rs. 49,300.00	Rs. 38,735.00	Rs. 1,028.57
Islamabad	Rs. 42,257.00	Rs. 49,300.00	Rs. 38,735.00	Rs. 1,028.57
Faisalabad	Rs. 42,257.00	Rs. 49,300.00	Rs. 38,735.00	Rs. 1,028.57
Rawalpindi	Rs. 42,257.00	Rs. 49,300.00	Rs. 38,735.00	Rs. 1,028.57
Quetta	Rs. 42,257.00	Rs. 49,300.00	Rs. 38,735.00	Rs. 1,028.57
Last Updated: June 13,2011 (Source: Karachi Saraf Jewellers Association)

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