Pak Foreign exchange reserves stand at $17.47b

Pak Foreign exchange reserves stand at $17.47b
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Summary Pakistans foreign exchange reserves fell slightly to $17.47 billion in the week ending June 25.

According to the State Bank of Pakistan, the reserves showed a decreased of $52.5 million as compared to the last week. Reserves held by the SBP fell to $14.02 billion from $14.11 billion a week ago, while those held by commercial banks rose to $3.45 billion from $3.41 billion.Pakistan foreign reserves have surged by $4.51 during the fiscal year 2011.

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