Few foreign exchange reserves led to a $ 11.85 billion.

Karachi (SANA): Pakistan's reservations changes increased 130 million I U.S. dollars during the week ended Aug. 8 to $ 11.85 billion Eu 11.72 million dollars the previous week, the central bank said.

State Bank of Pakistan reserves rose to 8.36 million dollars I $ 8.31 million a week earlier, while the reserves interrupted by commercial banks also increased to $ 3.49 million the previous week to $ 3.41 billion. The central bank said, in a statement.

Foreign exchange reserves reached a record $ 16.5 million in October 2007 but has steadily declined to 6.6 million dollars in November last year, mainly due to increased imports law.

Pakistan has agreed in November to an emergency loan from the International Monetary Fund of $ 7.6 billion to avoid a crisis of balance of payments and reserve land. The fund started last week, the loan of 11.3 billion dollars.

The IMF releases the third tranche of $ 1.2 billion, which was received on Wednesday and is reflected on the day of next week.

1. August, the central bank has to use foreign currency to pay for diesel and other refined petroleum products, which requires a download to get the money you need in the market.

The central bank will continue to provide foreign exchange for imports of crude oil by 1. April of next year.