Forex: Reserves rise to $10.399 billion

Reserves held by the State Bank of Pakistan (SBP) rose slightly to $5.248 billion.


APP August 22, 2013

KARACHI: Foreign exchange reserves rose slightly $10.399 billion in the week ending August 16 from $10.326 billion in the previous week, the central bank said on Thursday.

Reserves held by the State Bank of Pakistan (SBP) rose slightly to $5.248 billion, while those held by commercial banks rose to $5.151 billion.


Pakistan made its last payment of $260 million in the Stand-By-Arrangement (SBA) to the IMF on June 28 2013.


Published in The Express Tribune, August 23rd 2013.

Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.

COMMENTS

Replying to X

Comments are moderated and generally will be posted if they are on-topic and not abusive.

For more information, please see our Comments FAQ