UPDATE 1-Pakistan's forex reserves rise $190 mln to $8.32

KARACHI, Oct 9 (Reuters) - Pakistan's foreign reserves rose $190 million to $8.32 billion in the week that ended on Oct. 4 from the previous week, the central bank said on Thursday.

The State Bank of Pakistan said its own reserves rose to $4.87 billion from $4.68 billion previously, while those held by commercial banks were flat at $3.45 billion.

The foreign exchange reserves hit an all-time high of $16.5 billion in October last year, but have been falling since due to weak economic fundamentals, political uncertainty and security concerns.

Asian Development Bank (ADB) on Sept. 30 approved a $500 million loan to help Pakistan address the impact of high fuel and food prices on its people and the economy.

The loan is be reflected in the latest figures.

Analysts said the rise can also to attributed to banks being closed from Oct. 1 till Oct. 4 for the Eid holiday, marking the end of the Muslim fasting month of Ramadan.

Pakistan needs up to $3 billion of foreign capital inflows to arrive quickly if it is to meet upcoming debt obligations.

The six-month-old civilian government, that has taken over from former army chief Pervez Musharraf, is banking on support from multilateral lenders and friendly governments.

Sympathy for Pakistan's role as a frontline state in the war on terrorism should help it stave off a default, according to analysts, and potential donor governments are due to meet in Abu Dhabi in November.