Dear reader, online ads enable us to deliver the journalism you value. Please support us by taking a moment to turn off Adblock on Dawn.com.

Pakistan’s forex reserves fall to $11.007 billion

Remittances from Pakistanis abroad rose 5.74 percent to $12.76 billion.—File Photo
Remittances from Pakistanis abroad rose 5.74 percent to $12.76 billion.—File Photo

KARACHI: Pakistan's foreign exchange reserves dropped to $11.007 billion in the week ending June 28, from $11.344 billion the previous week, the central bank said.

Remittances from Pakistanis abroad rose 5.74 percent to $12.76 billion in the 11 months of the 2012/13 fiscal year, from $12.06 billion during the same period last year.

The fiscal year runs from July to June.

DAWN_VIDEO - /1029551/DAWN-RM-1x1

LARGE_RECTANGLE_BOTTOM - /1029551/Dawn_ASA_Unit_670x280


Comments (2) Closed



ROHIT PANDEY
Jul 05, 2013 07:34pm

Export more...other than the traditional cotton leather and textiles nothing much has been added the Pakistani export portfolio for the last 65 years or so...unless,one adds terror to it..which earns anything but precious hard currency?

mark
Jul 06, 2013 02:20am

majboor aur mazdoor ka ghar remittance se hi chalta hain....sorry awam and sorry state of the state.