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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World Pakistan's forex reserves rise to $15.78 bln Reuters - Friday, June 25 Send IM Story Print KARACHI, June 24 - Pakistan's foreign exchange reserves rose slightly to $15.78 billion in the week ending June 18, up from $15.71 billion the previous week, the central bank said on Thursday. Reserves held by the State Bank of Pakistan edged up to $12.01 billion from $11.97 billion a week earlier, while those held by commercial banks rose to $3.77 billion from $3.74 billion, the State Bank of Pakistan said in a statement. Last month, Pakistan received $1.13 billion, the fifth tranche of a $10.66 billion International Monetary Fund loan. The IMF loan package was agreed to in November 2008 to help avert a balance-of-payments crisis and shore up reserves. Pakistan's foreign reserves hit a record high of $16.5 billion in October 2007 but fell steadily to $6.6 billion by November 2008, largely because of a soaring import bill. (For more Reuters coverage of Afghanistan and Pakistan, see: http://www.reuters.com/news/globalcoverage/afghanistanpakistan) Recommend Send IM Story Print Related Articles US-BUSINESS Summary Reuters - 28 minutes ago Hasbro says not in buyout talks Reuters - 28 minutes ago SOFTS-London cocoa touches 32-yr high, arabicas 12-yr peak Reuters - 31 minutes ago FOREX-Yen gains on Fed and Greek debt concerns Reuters - 35 minutes ago Corrected: Feinberg to quit pay czar post, focus on BP fund Reuters - 35 minutes ago News Search Top Stories Longest ever tennis match resumes at Wimbledon Russia-Belarus gas dispute draws to a close Germany fires pre-G20 broadside at US criticism Swingers at risk of sexual disease: Dutch study Paraguay want to end New Zealand's W.Cup fairytale More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Aussie men shoot each other in buttocks 'to see if it hurts' Disgraced millionaire lobbyist takes pizza job Nurse in iconic World War II kiss photograph dies Gulf containment cap reattached, collecting oil: BP Prince Albert of Monaco announces engagement More Most Viewed » Aussie men shoot each other in buttocks 'to see if it hurts' More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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