Forex reserves improves to $ 16.435bn

Forex reserves improves to $ 16KARACHI: Country’s foreign exchange reserves have improved by $ 13 million to around $ 16.435 billion as on April 27, 2012.

According State Bank of Pakistan here Thursday, the foreign exchange reserves held by the Central Bank increased to about $ 12.070 billion while reserves held by banks also dropped to $ 4.365 billion during the week. – Brecorder