Monday, October 26, 2009
More currencies to form part of Pakistan’s forex reserves
10:01 PM | 
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KARACHI: The State Bank of Pakistan (SBP) has initiated the process of bringing other currencies in the country’s pool of foreign exchange reserves with a view to protect its total reserves position.The decision has been made in view of the diminishing value of dollar which mainly forms Pakistan’s foreign exchange reserves.
It is learnt that information regarding other currencies to be added in the country’s foreign exchange reserves and their proportions will not be disclosed.
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