Forex: Reserves rise to $10.399 billion

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

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.

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