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The country's foreign exchange reserves have increased by $190 million during last week. With the recent increase, the country's total foreign exchange reserves surged to $11.624 billion as on May 24, 2013 up from $11.433 billion as on May 17, 2013. Reserves held by SBP went up by $181.8 million to $6.564 billion. While, banks' reserves reached at $5.06 billion, up by $9 million.

Copyright Business Recorder, 2013

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