Pakistan forex reserves fall 2.75 pct to $14.764 billion
PPI | 30th August, 2012
KARACHI: Pakistan’s total liquid foreign exchange reserves stood at $14,764.2 million on August 24, 2012, State Bank of Pakistan said Thursday.
According to break-up, foreign reserves held by SBP were $10,326.7 million and net foreign reserves held by banks (other than SBP) $4,437.5 million.
How’s the rate cut goin Mr Yaseen? Be prepared to be lashed by the IMF on the phone. And dont even mention those hidden short future contracts for dollar which is $3 billion in red. All the best.. all the very best!