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Thursday, April 15, 2010

Forex reserves rise to $15.05bn

 KARACHI: Pakistan's foreign exchange reserves rose to $15.05 billion in the week ending on April 10 from $14.96 billion the previous week, the central bank said on Thursday.

Reserves held by the State Bank of Pakistan (SBP) rose to $11.16 billion from $11.06 billion a week earlier, while those held by commercial banks eased to $3.89 billion from $3.90 billion, said the SBP's chief spokesman, Syed Wasimuddin.

"There was a bilateral inflow of about $40 million to $45 million," said Wasimuddin.

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