Trends - home remittances - Business Recorder

home remittances

July-May C/A posts $1.8bn surplus

KARACHI: Pakistan’s current account recorded a surplus of $1.8 billion during the first 11 months of the current...

Published 18 Jun, 2025 06:10am

Business & Finance

Jul–Apr FY25: Robust 31pc jump recorded in remittances

KARACHI: Inflows of home remittances recorded a robust 31 percent growth during the first 10 months of the current...

Published 10 May, 2025 06:08am

Editorials

Beware of the Dutch disease

EDITORIAL: Inward home remittances have become the backbone of our foreign exchange earnings. Two decades ago,...

Published 21 Apr, 2025 06:06am

BR Research

The Remittances Galore

Inward remittances hit a record high of $4.1 billion in March 2025 — the highest monthly figure ever recorded. This...

Published 15 Apr, 2025 08:58am

March remittances surge to record $4.1bn

KARACHI: Pakistan recorded its highest-ever monthly inflow of home remittances amounting to $4.1 billion in March...

Updated 15 Apr, 2025 02:08pm

BR Research

Pakistan’s CA: A fragile balance

The current account was nearly balanced in February, posting a deficit of only $12 million compared to a deficit of...

Published 19 Mar, 2025 07:06am

BR Research

Record remittance inflows

The inflow of workers’ into Pakistan continued its upward trajectory in February 2025, contributing to the country’s...

Published 12 Mar, 2025 07:48am

Business & Finance

July-Feb remittances soar 32.5pc to $24bn YoY

KARACHI: Workers’ remittances recorded a strong growth of 32.5 percent in the first eight months of FY25, the ...

Published 11 Mar, 2025 05:35am

Markets

Pakistan registers massive $420mn current account deficit in January 2025

This is first deficit since July 2024, showed SBP data

Updated 18 Feb, 2025 10:35pm

Editorials

Significant increase in home remittances

EDITORIAL: Home remittances registered a 32.89 percent growth July-December 2024 against the same period the year...

Published 15 Feb, 2025 06:11am

BR Research

Remittance boom: A blessing or a crutch?

In January 2025, Pakistan’s workers’ remittances crossed $3 billion again, marking a 25.2 percent increase compared...

Published 12 Feb, 2025 08:55am

Business & Finance

Jul-Jan home remittances rise 32pc YoY

KARACHI: Home remittance inflows maintained strong growth, reaching $20.8 billion mark in the first seven months of...

Published 11 Feb, 2025 06:36am

Pakistan

Aurangzeb optimistic about economic trajectory amid positive indicators

Finance minister says Pakistan’s current account posted a surplus after 10 years.

Updated 18 Dec, 2024 10:40pm

BR Research

Comfortable in surplus

The current account surplus streak continues for the fourth consecutive month in November, and the surplus in...

Published 18 Dec, 2024 09:13am

Pakistan

Pakistan records massive $729mn current account surplus in November 2024

This is fourth consecutive month in which Pakistan's current account has posted surplus

Updated 17 Dec, 2024 10:49pm

BR Research

Time to channelise remittances

Remittances have been on an uphill journey in the ongoing fiscal year. These inflows increased significantly by 34...

Published 11 Dec, 2024 08:55am

Business & Finance

Jul-Nov FY25: Remittances surge 34pc to $14.76bn YoY

KARACHI/ISLAMABAD: Inflows of home remittances witnessed a significant 34 percent increase during the first five...

Published 10 Dec, 2024 06:13am

BR Research

‘Cash and Code’ driving recovery

As expected, the current account is nearly balanced in the first quarter of the fiscal year. The story is...

Published 22 Oct, 2024 06:51am

Business & Finance

Sept CA posts $119m surplus

KARACHI: Pakistan’s external account continues to show positive momentum, recording a second consecutive current...

Published 22 Oct, 2024 06:33am

Editorials

Rise in home remittances

EDITORIAL: The State Bank of Pakistan website revealed a 39 percent rise in remittance inflows for the first quarter...

Published 14 Oct, 2024 07:00am

Pakistan

Pakistan’s remittance inflow stands at $2.85bn in September 2024, up 29% year-on-year

Amount marginally lower than in August 2024
During 3MFY25, remittances up nearly 39% YoY to $8.8 billion as compared to $6.3 billion in 3MFY24

Updated 09 Oct, 2024 10:51pm

Remittances: Two incentives available to banks and ECs now

KARACHI: To enhance the flow of home remittances, the State Bank of Pakistan (SBP) has revamped the incentive...

Updated 09 Oct, 2024 09:04am

BR Research

Current account roundup: 2MFY25

In August, the current account posted a marginal surplus of $75 million. The deficit for the July-August period...

Published 19 Sep, 2024 08:42am

BR Research

Remittances robust again

In August 2024, the country recorded a significant increase in remittances, reaching $2.94 billion, the year-on-year...

Published 11 Sep, 2024 09:11am

Markets

Pakistan’s remittance inflow stands at $2.9bn in August, up 40.5% year-on-year

On monthly basis, inflow down 2%

Updated 09 Sep, 2024 10:35pm

Remittance incentives revision will top ECC agenda today

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is scheduled to meet on Thursday (Aug 29) and...

Updated 29 Aug, 2024 08:59am

Pakistan

Buna-Raast connectivity project will make remittances more convenient, says PM Shehbaz

This is Pakistan’s first cross-border real-time payment system linkage

Updated 22 Aug, 2024 10:43pm

Business & Finance

July remittances grow 48pc to $3bn YoY

KARACHI: Workers’ remittances recorded an impressive growth of 48 percent in the first month of this fiscal year...

Updated 10 Aug, 2024 07:35am

Business & Finance

May 2024: country gets highest-ever remittances

KARACHI: Pakistan received highest-ever monthly inflows of home remittances amounted to $ 3.2 billion in the month ...

Published 08 Jun, 2024 07:00am

Business & Finance

March worker remittances record growth of 31pc MoM

KARACHI: Inflows of workers remittance recorded a healthy growth of 31 percent in March 2024 compared to February...

Updated 09 Apr, 2024 09:48am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 20	283.77
USD PKR Interbank Buying / Jun 20	283.52
USD to Japanese Yen / Jun 20	145.32
USD to Swiss Franc / Jun 20	0.82
Pound Sterling to USD / Jun 20	1.35
Euro to USD / Jun 20	1.15
UK LIBOR % / Jun 19	4.96

Stock	Volume
S&P 500 / Jun 18	5,980.87
Nasdaq / Jun 18	19,546.27
Dow Jones / Jun 18	42,171.66
India Sensex / Jun 20	82,169.24
Tokyo Nikkei / Jun 20	38,403.23
Hang Seng / Jun 20	23,530.48
FTSE 100 / Jun 20	8,829.80
Germany DAX 30 / Jun 20	23,264.83
France CAC40 / Jun 20	7,592.12

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 19	16,785
Gold 10 Grams PKR / Jun 19	307,437
Crude Oil USD/Barrel / Jun 20	75.66
Gold Spot USD/Ounce / Jun 20	3,350.80
Cotton US¢/pound / Jun 20	66.53
Petrol/Litre / Jun 21	258.43
Diesel/Litre / Jun 21	262.59

Gainers
Losers
Leaders

Stock	Price
Askari Life Assur. / Jun 20 Askari Life Assurance Company Limited(ALAC)	8.40 ▲ 1 (13.51%)
Shaheen Ins. / Jun 20 Shaheen Insurance Company Limited(SHNI)	6.10 ▲ 0.6 (10.91%)
Leather Up Ltd. / Jun 20 Leather Up Limited(LEUL)	39 ▲ 3.55 (10.01%)
Rupali polyester / Jun 20 Rupali Polyester Limited(RUPL)	24.61 ▲ 2.24 (10.01%)
Bhanero Textile / Jun 20 Bhanero Textile Mills Limited(BHAT)	880 ▲ 80 (10%)
Zahid Jee Textile / Jun 20 Zahidjee Textile Mills Limited(ZAHID)	43.66 ▲ 3.97 (10%)
J.A.Textile / Jun 20 J.A. Textile Mills Limited(JATM)	29.18 ▲ 2.65 (9.99%)
Shahzad Tex. / Jun 20 Shahzad Textile Mills Limited(SZTM)	46.57 ▲ 4.23 (9.99%)
Service Textile / Jun 20 Service Industries Textiles Limited(SERT)	23.80 ▲ 2.16 (9.98%)
Chenab Ltd (Pref) / Jun 20 Chenab Limited (Pref)(CLCPS)	3.34 ▲ 0.3 (9.87%)

Stock	Price
Dewan Mushtaq / Jun 20 Dewan Mushtaq Textile Mills Limited(DMTM)	8.88 ▼ -1.54 (-14.78%)
Mahanna Islamic Index / Jun 20 Mahanna Islamic Index Traded Fund(MIIETF)	12.91 ▼ -2.15 (-14.28%)
PIA Holding Co.B / Jun 20 PIA Holding Company Limited B(PIAHCLB)	11,153.80 ▼ -1239.3 (-10%)
Imperial Limited / Jun 20 Imperial Limited(IML)	14.21 ▼ -1.45 (-9.26%)
Pakistan Services / Jun 20 Pakistan Services Limited(PSEL)	900 ▼ -71.99 (-7.41%)
Orient Rental / Jun 20 Orient Rental Mod(ORM)	9.40 ▼ -0.7 (-6.93%)
Pakgen Power / Jun 20 Pakgen Power Limited(PKGP)	181 ▼ -11.29 (-5.87%)
Kohat Textile / Jun 20 Kohat Textile Mills Limited(KOHTM)	92.18 ▼ -4.82 (-4.97%)
Biafo Ind. / Jun 20 Biafo Industries Limited(BIFO)	163.55 ▼ -8.46 (-4.92%)
Sapphire Textile / Jun 20 Sapphire Textile Mills Limited(SAPT)	1,105 ▼ -45 (-3.91%)

Stock	Volume
Yousuf Weaving / Jun 20 Yousaf Weaving Mills Limited(YOUW)	832,746 ▲ 0.2
MACPAC Films / Jun 20 MACPAC Films Limited(MACFL)	713,026 ▲ 1.56
Pak Refinery / Jun 20 Pakistan Refinery Limited(PRL)	543,401 ▲ 0.2
WorldCall Telecom / Jun 20 Worldcall Telecom Limited(WTL)	533,325 ▲ 0.02
Invest Bank / Jun 20 Invest Capital Investment Bank Limited(ICIBL)	301,179 ▲ 0.35
Ist.Capital Sec / Jun 20 First Capital Securities Corporation(FCSC)	279,001 ▲ 0.13
Askari Life Assur. / Jun 20 Askari Life Assurance Company Limited(ALAC)	232,709 ▲ 1
PIA Holding Co.Ltd / Jun 20 PIA Holding Company Limited(PIAHCLA)	187,358 ▲ 0.5
Bunnys Limited / Jun 20 Bunnys Limited(BNL)	184,782 ▲ 2
Crescent Textile / Jun 20 The Crescent Textile Mills Limited(CRTM)	148,384 ▲ 0.54

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