Pakistan forex reserves rise to $7.994bn

Published February 21, 2014
Remittances rose 9.46pc to $7.8bn in the first half of the fiscal year, from $7.11bn in the same period last year.—File Photo
Remittances rose 9.46pc to $7.8bn in the first half of the fiscal year, from $7.11bn in the same period last year.—File Photo

KARACHI: Pakistan's foreign exchange reserves rose to $7.994 billion in the week ending February 14 compared to $7.589 billion in the previous week, the central bank said.

Remittances from Pakistanis abroad rose 9.46 per cent to $7.8 billion in July-December, the first half of the 2013/14 fiscal year, from $7.11 billion in the same period last year.

The fiscal year runs from July to June.

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