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.

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Comments (2)

July 5, 2013 7:34 pm

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?

July 6, 2013 2:20 am

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

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