Pak foreign exchange reserves reach $14.77b

Pak foreign exchange reserves reach $14.77b
Updated on

Summary Pakistans foreign exchange reserves have decreased by $167 million in a week.

According the State Bank of Pakistan, reserves held by the central bank fell by $147 million to reach $10.35 billion, while those held by commercial banks dipped by about $2 billion to close at $4.41 billion.Foreign exchange reserves hit a record $18.31 billion in July 2011, boosted by a $191.9 million loan from the World Bank and a $196.8 million loan from the Asian Development Bank.
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