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Published 06 Dec, 2012 02:17pm

Pakistan’s forex reserves fall to $13.50 billion

KARACHI: Pakistan’s foreign exchange reserves dropped to $13.50 billion in the week ending Nov 30, from $13.58 billion in the previous week, the central bank said on Thursday.

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.

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