KARACHI, April 2 - Pakistan's foreign exchange reserves fell by $170 million to $10.09 billion in the week ended March 28, the central bank said on Thursday.
The State Bank of Pakistan's reserves fell to $6.63 billion from $6.79 billion a week earlier while reserves held by commercial banks also fell to $3.46 billion from $3.47 billion, 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 agreed in November to an IMF emergency loan package of $7.6 billion to avert a balance of payments crisis.
It got a first tranche of $3.1 billion that month and the central bank said on Thursday a second tranche of $848 million had been received. [ID:nSIN250934]
Separately, Pakistan had received a $500 million interest-free World Bank loan to help stabilise the economy, the central bank said on Tuesday. [ID:nSIN429347]
The $500 million from the World Bank and $848 million from the IMF would be reflected in data released next week.
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