Foreign Exchange reserves declines further to $ 14,575 bn
Friday, August 3rd, 2012 2:00:16 by Fayyaz Yaseen
Karachi: (Friday, August 03, 2012) Pakistan’s foreign exchange reserves, that have lately been on declining end, have gone further down by $ 198 million to about $ 14,575 billion as on July 27, 2012 on foreign payments.
According to the sources at Pakistan State Bank of Pakistan (SBP) on Thursday, the foreign exchange reserves held by the Central Bank dipped to $ 10.140 billion while reserves held by banks improved to about $ 4.435 billion during
the week.
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