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Views Article – Sharenet Wealth

Asia, Forex

Pakistan reserves decrease $189 mln to $7,083.6 mln week ending July 5

KARACHI, Pakistan, July 11 (Reuters) – Pakistan’s foreign exchange reserves decrease $189 million to $7,083.6 million in the week ending July 5, compared to $7,272.8 million in the previous week, the central bank said on Thursday. RESERVES Week ending Previous Week Change/pct ($ billions) July 5 Held by the State $7,083.6 mln $7,272.8 mln -2.6 Bank of Pakistan Held by $7,175.7 mln $7,170.2 mln 0.7 commercial banks Total $14,259.3 mln $14,443.0 mln -1.2 On July 9, State Bank received the first tranche from IMF of $991.4 million, after which central bank reserves increased to $8,035.5 million, central bank said on Thursday. (Reporting by Syed Raza Hassan)


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