| GEO Business|
| Pak forex reserves surge by $900 mln|
| Updated at: 1901 PST, Thursday, May 27, 2010|
KARACHI: Pakistan's total liquid foreign reserves have witnessed a raise of 900 million dollars to 15.9542 billion following receipt of another tranche of loan from IMF.
Syed Wasimuddin, spokesman State Bank of Pakistan (SBP) told Geo News on Thursday that the foreign reserves held by SBP amounted 12.2496 billion dollars whereas the net foreign reserves held by banks other than SBP figured 3.7046 billion dollars.