Dawn News

March, 29 2015
e-paper

Pakistan’s forex reserves fall to $11.457 billion

Foreign exchange reserves dropped from $11.623 billion the previous week.—File Photo
Foreign exchange reserves dropped from $11.623 billion the previous week.—File Photo

KARACHI: Pakistan's foreign exchange reserves dropped to $11.457 billion in the week ending May 31 from $11.623 billion the previous week, the central bank said.

Remittances from Pakistanis abroad rose 6.37 percent to $11.57 billion in the first 10 months of the 2012/13 fiscal year, from $10.87 billion in the same period last year.

The fiscal year runs from July to June.


Email news tips and feedback to News Desk, submit blogs to Blog Desk and share photos and Videos with Special Projects Desk.


Comments (4) Closed



TKhan
Jun 06, 2013 07:07pm

I am closing my foreign currency account in Pakistan before Sartaj Aziz or Nawaz Sharif get to it.

Amir
Jun 06, 2013 07:46pm

Someone should check Zardari's bank balance.

Yasir
Jun 06, 2013 10:33pm

Looks like Nawaz is taking his salary early

milli@hotmail.com
Jun 07, 2013 01:11am

I wish the media would get its facts right. For the last week or so you've been saying 6 billion or so and overnight it's gone up to 11.5 billion

Farcical reporting