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May 30, 2008 Friday Jamadi-ul-Awwal 24, 1429



Reserves fall to $11.512bn


KARACHI, May 29: Pakistan’s foreign reserves fell by $373 million to $11.512 billion in the week that ended on May 24, the central bank said on Thursday.

Reserves held by the State Bank of Pakistan fell to $9.061 billion from $9.5 billion a week earlier, while those held by commercial banks rose to $2.451 billion from $2.385 billion.—Reuters







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