KARACHI: Pakistan’s foreign exchange reserves dropped nearly two per cent to $13.575 billion in the week ending Nov 23, from $13.814 billion in the previous week, the central bank said.

Remittances from Pakistanis abroad rose 15.04 per cent to $4.964 billion in the first four months, July to October, of the 2012/13 fiscal year, from $4.315 billion in the same period last year.