KARACHI: Pakistan's foreign exchange reserves dropped to $10.202 billion in the week ending July 19, from $10.502 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.

The monthly average remittances for JulyJune 2013 period come out to $1,160 billion compared to $1,098 billion during the last fiscal year.

An amount of $1,164 billion was remitted by overseas Pakistani in June, compared with $1,117 billion in the same month year earlier.

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