KARACHI: Pakistan's foreign exchange reserves rose to $10.399 billion in the week ending August 16, from $10.326 billion the previous week, the central bank said.

Remittances from Pakistanis abroad rose 5.56 percent to $13.92 billion in the 2012/13 fiscal year, from $13.18 billion during the same period last year. The fiscal year runs from July to June.

An amount of $1,404 billion was remitted by overseas Pakistani in July, compared with $1,204 billion in the same month year earlier.