Pakistan forex reserves rise to $14.828 billion

[A.Rafay]

KARACHI: Pakistan’s foreign exchange reserves rose to $14.828 billion in the week ending Sept 7, from $14.821 billion in the previous week, the central bank said on Thursday.

Pakistan’s reserves have been reduced by debt repayments in August on a $397.2 million loan from the International Monetary Fund (IMF), the central bank said on Thursday.

Remittances from Pakistanis abroad rose 17.73 per cent to $13.186 billion in the 2011-12 fiscal year, which ended June 30, compared with $11.2 billion the previous year.

 

[JohnyD]

$14.828 billion forex...pretty decent figure ya...good job guys.

 

[Pak47]

I hope this doesn't turn to a trolling thread.