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June 20, 2008
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Friday
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Jamadi-us-Sani 15, 1429
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Reserves fall to $10.91bn
KARACHI, June 19: Pakistan’s foreign reserves fell by $44 million to $10.91 billion in the week that ended on June 14, said the central bank on Thursday.
Reserves held by the State Bank of Pakistan fell by $12 million to $8.267 billion, while those held by commercial banks rose to $2.643 billion from $2.567 billion.
Pakistan’s foreign exchange reserves hit an all-time high of $16.486 billion on October 31, 2007.—Reuters
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