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Foreign exchange reserves declined by $26.1 million to $12,913.8 million in the week ending July 22, the State Bank (SBP) said on Thursday. Reserves held by the SBP declined to $10,546.5 million from $10,610.5 million a week earlier; however, those held by commercial banks rose to $2,367.3 million from $2,329.4 million.

Copyright Business Recorder, 2006

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