Updated on
Summary
Foreign Exchange Reserves of Pakistan have come down by $350.38 million, Dunya News reported on Thursday. According to the statistics of State Bank of Pakistan the total foreign exchange reserves of the country remained $16.39 billion on 4th December, 2010. The reserves of the central bank decreased by $320 million to reach $12.65 billion while that of commercial banks came down by $ 30.37 million to reach the level of $ 3.73 billion. According to the spokesman of the Stare Bank of Pakistan the decrease in the foreign exchange reserves happened due to payment of debts.
