Pakistan’s forex reserves hit four-year low at $10.544 bln as of July 5


KARACHI: Pakistan’s overall liquid foreign exchange reserves eased to hit a four-year low at $10.544 billion in a week from $11.007 billion last week, State Bank of Pakistan (SBP) reported on Thursday.

In a statement, the central bank said that reserves held by the State Bank stood at $5.547 billion compared with $6.010 billion a week earlier.

The reserves held by commercial banks remained unchanged at $4.997 billion in the week ending July 5, 2013.

Asad Haroon
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