Pak Forex reserves faces erosion of 3.1billion dollars in five months

Karachi, Apr 4 (ANI): The Pakistans Foreign Exchange Reserves has seen an erosion of 3.10 billion dollars in just five months of the current financial year, indicating a threat to the health of the countrys economy.The State Bank of Pakistan has reported 13.27 billion dollars worth total foreign exchange reserves by March 29, 2008, which indicates a huge plunge of 3.10 billion dollars when matched with the record high 16.37 billion dollars reserves on November 2, 2007, according to The Nation.