Foreign reserves post $133.9 million decline

The foreign liquid reserves of the country have declined by $133.9 million during the last week. Statistics of State Bank of Pakistan (SBP) show that total liquid foreign reserves held by the country stood at 15.0743 billion dollar on January 19, 2008 as compared to $15.2082 billion in the week ended on January 26, 2008.
Major decline has been witnessed in the reserves held by SBP, which show a decline of $150.3 million dollar to 12.8151 billion during the last week as compared to $12.9654 billion a week earlier. The reserves held by banks have been increased by $16.4 million to $2.2592 billion from $2.2428 billion.