Foreign exchange reserves go down

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Foreign exchange reserves go down

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Pak Foreign exchange reserves fell to $17.64 billion in the week from $17.79 billion.

22 September,2011 07:20 pm

According to the State Bank of Pakistan, reserves held by the SBP declined to $14.12 billion from $14.34 billion, while those held by commercial banks rose to $3.52 billion from $3.45 billion.Foreign exchange reserves hit a record $18.31 billion in the week ending July 30 but have eased due to debt repayments.