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Pakistan’s forex reserves fall to $11.007 billion

July 05, 2013
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.