Pakistan forex reserves fall to 20810 b

KARACHI: Pakistan’s foreign exchange reserves fell to $20.810 billion in the week ending Jan 1, compared with $21.073 billion the previous week, according to State Bank of Pakistan.Remittances from Pakistanis abroad rose 7.57 percent to $8.098 billion in the first five months of 2015/16 fiscal year, from $7.528 billion during the same period last year.The fiscal year runs from July to June.