KARACHI, March 12 (Reuters) - Pakistan's foreign exchange reserves fell by $90 million to $10.05 billion in the week that ended on March 7, the central bank said on Thursday.
The State Bank of Pakistan's reserves dropped to $6.61 billion from $6.69 billion a week earlier, while reserves held by commercial banks slipped to $3.44 billion from $3.45 billion, the bank said.
Pakistan's foreign reserves hit a record high of $16.5 billion in October 2007 but fell to $6.6 billion in November, largely because of a soaring import bill.
Pakistan signed a $7.6 billion loan agreement with the International Monetary Fund in November to stave off a balance of payments crisis. It received its first tranche of $3.1 billion that month.
The next tranche of about $840 million is expected by the end of March. (Reporting by Sahar Ahmed; Editing by Simon Cameron-Moore)
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