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KARACHI:Foreign exchange reserves held by the central bank continued to spiral downwards for the 11th successive week as they fell 1.26% on a weekly basis, nike af1 according to data released on Thursday.The continued drop in the reserves raises concern about Pakistan's ability to meet its financing requirements as the reserves have fallen well below the $8-billion mark.Even though the government announced last month that it had managed to secure jordan rosas a financial package of $6 billion from Saudi Arabia, the impac adidas original samba t is yet to be seen.Although the prime minister has returned from his official visit to China, so far there has been no announcement of any assistance from the close ally. Meanwhile, talks between the International Monetary Fund (IMF) and the finance ministry have begun for a possible bailout to help address Pakistan's economic challenges.Foreign exchange: SBP's reserves fall $48m, stand at $7.78bOn November 2, the foreign currency reserves held by the State Bank of Pakistan (SBP) were recor
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