Pakistan's foreign exchange reserves increase by 1.1 bln USD

ISLAMABAD, May 9 (Xinhua) -- The State Bank of Pakistan (SBP) said Thursday that its foreign exchange reserves had increased by 1.1 billion U.S. dollars.

During the week ending on May 3, the total foreign exchange reserves of the bank moved to around 9.1 billion dollars, the central bank said in a statement.

The increase occurred "mainly due to receipt of 1.1 billion dollars from International Monetary Fu