02-08-2008, 04:18 PM
[center] <!--emo&:flush--><img src='style_emoticons/<#EMO_DIR#>/Flush.gif' border='0' style='vertical-align:middle' alt='Flush.gif' /><!--endemo--> <b><span style='font-size:21pt;line-height:100%'>Pakistan's foreign exchange reserves dip to the lowest level</span></b> <!--emo&:flush--><img src='style_emoticons/<#EMO_DIR#>/Flush.gif' border='0' style='vertical-align:middle' alt='Flush.gif' /><!--endemo-->[/center]
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->KARACHI (February 08 2008) : <b>The country's foreign exchange reserves have dipped to the lowest level of current fiscal year, $14.77 billion, by recording 10 percent decline during the last three months.</b>
High import bill of oil and slow privatisation processes is putting negative impact on the country's foreign exchange reserves, which have shrunk by $296.4 million in the last week and some $1.59 billion during the last three months.<!--QuoteEnd--><!--QuoteEEnd-->
Cheers <!--emo&:beer--><img src='style_emoticons/<#EMO_DIR#>/cheers.gif' border='0' style='vertical-align:middle' alt='cheers.gif' /><!--endemo-->