KARACHI/ISLAMABAD: Pakistan has witnessed a notable increase in remittances by 10-15% amidst a crackdown on exchange rate manipulation and illicit foreign exchange trade, as reported by Zafar Paracha, the General …
Remittances
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Workers’ remittances inflow of US$ 8.8 billion has been recorded during first four months of FY24.
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Economy
Stock market crosses 55000 points level amid further growth in remittances and talks with IMF
Over 55000 points ISLAMABAD: The KSE-100 Index showcased an impressive surge, gaining 841.05 points or 1.55%, reaching over 55000 points on Friday morning, at 09:57 am. The trading volume observed …
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ISLAMABAD: The State Bank of Pakistan today reported a 5.3 percent month-on-month increase in the inflows of remittances in September 2023. According to the SBP’s data, overseas workers’ remittances recorded …
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Economy
Overseas Pakistanis sent $24.8 Billion in remittances in 11 months of FY23
by Hamza Irshadby Hamza IrshadOverseas Pakistanis sent $24.8 billion ISLAMABAD: Overseas Pakistanis sent $24.8 billion worth remittances in 11 months of the outgoing fiscal year 2022-23. With cumulative inflows of US$ 24.8 billion during first …
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Economy
SBP reports $2.5 billion remittances in March against $1.98 billion in Feb-2023
by Hamza Irshadby Hamza IrshadSBP reports $2.5 billion remittances in March against $1.98 billion in Feb-2023 ISLAMABAD: The State Bank of Pakistan today reported the inflows of workers’ remittances at US$2.5 billion during Mar 23. …
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EconomyLatest Updates
State Bank reports $2.2 billion inflows of remittance with 9% decline in Oct
by Umar Sohailby Umar SohailISLAMABAD: State Bank of Pakistan said the inflows of overseas workers’ remittances amounted to US$2.2 billion during October 2022. However, in comparison with the previous month (Sept), the remittances recorded …
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There was a decrease of 3.2% from the same period last fiscal year to the first two months of this fiscal year. Remittances were expected to climb by roughly 8 …
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EconomyLatest Updates
Remittances inflow again surges to $2.7 billion in August with 8% growth
by Umar Sohailby Umar SohailISLAMABAD: In the month of August 2022, overseas Pakistanis once again sent a record amount of $2.7 billion to help their families to cope with tormenting rains and floods. The …
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EconomyLatest Updates
Remittances drop 8.6% in July, amount to $2.5 billion
by Umar Sohailby Umar SohailThis decrease largely reflected the lower number of working days in July as a result of Eid, at 17 working days compared to 22 last month and 18 in July …