Pakistan’s foreign reserves drop to $14.841 billion: SBP

[karan.1970]

Pakistan

KARACHI: Pakistan’s foreign exchange reserves dropped to $14.841 billion in the week ending Sept 21, from $14.863 billion the previous week, the central bank said on Thursday.

According to a press release issued by State Bank of Pakistan (SBP) on Thursday, foreign reserves held by the State Bank of Pakistan equal $10,321.8 million while net foreign reserves held by banks (other than SBP) stood at $4,519.7 million.

Pakistan’s reserves have been reduced by debt repayments in August on a $397.2 million loan from the International Monetary Fund, 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 on June 30, compared with $11.2 billion the previous year.

 

[Fanling Monk]

You kidding me! This kind of material for a thread by an 'elite member? Wow $22 million dollar drop is such a big deal, hey?

 

[Chinese-Dragon]

LOL, so JayATL is handling the anti-China threads, and Karan.1970 is handling the anti-Pakistan threads?

 

[Kaniska]

LOL, so JayATL is handling the anti-China threads, and Karan.1970 is handling the anti-Pakistan threads?

Do you think that you are different and donot post such kind of crap post????...Come dude...you must be joking if you say..no...

 

[Chinese-Dragon]

Do you think that you are different and donot post such kind of crap post????...Come dude...you must be joking if you say..no...

I have only ever started one thread on India, and it was a positive one.

How India's growth will outpace China's - Pakistan Defence Forum

But I should have realized that Indians can never live up to their own boasting.

 

[Thorough Pro]

Now go celebrate Pakistan is more poorer now, go beat the drums of Pakistan's poverty, flood the forums asking how are we going to pay for this, how are we going to pay for that?

Pakistan

KARACHI: Pakistan’s foreign exchange reserves dropped to $14.841 billion in the week ending Sept 21, from $14.863 billion the previous week, the central bank said on Thursday.

According to a press release issued by State Bank of Pakistan (SBP) on Thursday, foreign reserves held by the State Bank of Pakistan equal $10,321.8 million while net foreign reserves held by banks (other than SBP) stood at $4,519.7 million.

Pakistan’s reserves have been reduced by debt repayments in August on a $397.2 million loan from the International Monetary Fund, 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 on June 30, compared with $11.2 billion the previous year.

 

[SHAMK9]

You kidding me! This kind of material for a thread by an 'elite member? Wow $22 million dollar drop is such a big deal, hey?

It makes him sleep better at night