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Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: Pakistan's forex reserves fall to $10.14 bln Reuters - 2 hours 33 minutes ago KARACHI, March 5 - Pakistan's foreign exchange reserves fell by $20 million to $10.14 billion in the week that ended on Feb. 28, the central bank said on Thursday. ADVERTISEMENT The State Bank of Pakistan's reserves were $6.69 billion from $6.73 billion a week earlier, while reserves held by commercial banks were $3.45 billion from $3.43 billion, the bank said. Pakistan's foreign reserves hit a record high of $16.5 billion in October 2007 but fell to $6.6 billion in November, largely because of a soaring import bill. Pakistan signed a $7.6 billion loan agreement with the International Monetary Fund in November to stave off a balance of payments crisis. It received its first tranche of $3.1 billion that month. The next tranche of about $840 million is expected by the end of March. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: Business Wal-Mart raises annual dividend 14 centsAP - 1 hour 17 minutes ago Stocks set to drop on China letdown, GM newsAP - Friday, March 6 Russia cancels LPG export tariff for third monthReuters - 1 hour 25 minutes ago GM auditors raise the specter of Chapter 11AP - 1 hour 27 minutes ago Exxon to invest $25B to $30B on projects this yearAP - 1 hour 28 minutes ago Most Popular – Business Viewed Space rock gives Earth a close shave Motorcycles help keep you young: software expert Ladyboy lizards use transvestite trickery: researchers China runs ahead with spending torch Obama releases Bush-era secret terror memos View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

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