KARACHI, Aug 20 (Reuters) - Pakistan's foreign exchange reserves jumped by $1.11 billon to $12.96 billion in the week that ended on Aug. 15 as a new tranche of an IMF loan arrived, a central bank spokesman said on Thursday.
The State Bank of Pakistan's reserves rose to $9.47 billion from $8.36 billion a week earlier, while reserves held by commercial banks were unchanged at $3.49 billion, said central bank chief spokesman Syed Wasimuddin.
'Reserves rose because of the $1.2 billion received from the International Monetary Fund during the week,' he said.
For more on this article, please click on the following link: Pakistan's forex reserves surge to $12.96 bln: Forbes
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