Friday, February 6, 2009

Forex reserves down by $44.8 mln


KARACHI: The country’s foreign exchange reserves have witnessed a decline of 44.8 million dollars in one week.Spokesman of the State Bank of Pakistan (SBP), Syed Wasimuddin told Geo News that the foreign exchange reserves reduced by 44.8 million dollars to 10.10 billion dollars in the week ended January 31.SBP holds 6.79 billion dollars while 3.37 billion dollars are with the commercial banks.

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