Reserves

Published November 30, 2007

KARACHI, Nov 29: Pakistan’s foreign exchange reserves rose by a marginal $9 million to $16.107 billion in the week ending on November 24, the central bank said on Thursday.

Reserves held by the State Bank of Pakistan fell to $13.896 billion, from $13.914 billion a week earlier, while those held by commercial banks were up $2.211 billion from $2.184 billion, the statement said.

The reserves hit an all-time high of $16.388 billion in the week ending on Nov 10. —Reuters