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Pakistan's forex reserves drop to $14.574 billion

Reuters Published August 2, 2012
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KARACHI: Pakistan’s foreign exchange reserves dropped to $14.574 billion in the week ending July 27, from $14.772 billion in the previous week, the central bank said on Thursday.

Pakistan’s reserves have been reduced by debt repayments in recent months, including for an $8 billion loan from the International Monetary Fund (IMF). The next repayment to the IMF is due this month.

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