Pakistani forex reserves ease to $10.16 bln

KARACHI, Feb 6 (Reuters) - Pakistan's foreign exchange reserves fell by $50 million to $10.16 billion in the week that ended on Jan. 30, the central bank said on Friday.

The State Bank of Pakistan's reserves fell to $6.79 billion from $6.87 billion a week earlier, while reserves held by commercial banks rose to $3.37 billion from $3.34 billion the previous week, the bank said.

Pakistan's foreign reserves hit a record high of $16.5 billion in October 2007 but fell to $6.6 billion in November, largely because of a soaring import bill.

Pakistan signed a $7.6 billion loan agreement with the International Monetary Fund in November to stave off a balance of payments crisis. It received its first tranche of $3.1 billion that month. (Reporting by Sahar Ahmed; Writing by Robert Birsel)



FOREX RATES
Pakistan Open Market Forex Rates
Updated at : 6/2/2009 8:57 PM (PST)


Currency Symbol Buying Selling Charts
Australian Dollar AUD 51 53
Bahrain Dinar BHD 207 210
Canadian Dollar CAD 63.2 65.2
China Yuan CNY 11.25 12
Danish Krone DKK 13.35 13.8
Euro EUR 100.5 103
Hong Kong Dollar HKD 10 10.3
Indian Rupee INR 1.6 1.7
Japanese Yen JPY 0.86 0.87
Kuwaiti Dinar KWD 268.3 271
Malaysian Ringgit MYR 22.2 22.8
NewZealand $ NZD 40 41
Norwegians Krone NOK 11.3 11.7
Omani Riyal OMR 202.8 204
Qatari Riyal QAR 21.42 21.8
Saudi Riyal SAR 20.8 21.15
Singapore Dollar SGD 51.7 53.7
Swedish Korona SEK 9.4 9.8
Swiss Franc CHF 66.7 67.7
Thai Bhat THB 2.2 2.5
U.A.E Dirham AED 21.3 21.7
UK Pound Sterling GBP 114.8 116.8
US Dollar USD 78.9 79.4

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