Reserves dip

Published April 25, 2008

KARACHI, April 24: The country’s foreign exchange reserves fell by $392 million to $12.652 billion in the week that ended on April 19, the State Bank of Pakistan said on Thursday.

Reserves held by the SBP fell to $10.477 billion from $10.862 billion a week earlier, while those held by commercial banks rose to $2.204 billion from $2.183 billion.—Reuters

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