Topic

remittance

Pakistan’s current account posts $112mn deficit in October 2025

Updated 17 Nov, 2025 10:22pm

Deficit follows a surplus of $83 million in September 2025 and a surplus of $296 million in October 2024

BR Research: Rising remittance dependence

Updated 11 Nov, 2025 02:03pm

Remittances continued to show resilience in October 2025, reaching around $3.4 billion—up roughly 12 percent...

Remittance incentive scheme to continue

Updated 27 Jul, 2025 10:18am

ISLAMABAD: Prime Minister Shehbaz Sharif on Saturday announced the continuation of the government’s facilitation...

Remittance boom fuelling recovery

Published 10 Jul, 2025 05:59am

In fiscal year 2024–25, Pakistan witnessed a historic surge in remittance inflows, which climbed to an all-time...

Pakistan’s current account posts $12mn surplus in April 2025

Updated 16 May, 2025 09:58pm

On YoY basis, C/A decreases 96% against $315 million surplus in same month last year

Illusion of remittance-driven growth

Updated 12 May, 2025 07:15am

Pakistan’s implicit export strategy isn’t goods — it’s people. And the strategy continues. In a recent...

Remittance incentives revision will top ECC agenda today

Updated 29 Aug, 2024 08:59am

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

Pakistan receives record remittances of $3.24bn in May, up over 54% YoY

Updated 07 Jun, 2024 09:36pm

Inflows from Saudi Arabia, UAE, UK dominate overall amount

Profit and dividend repatriation in 10MFY24

Published 05 Jun, 2024 06:40am

Profit and dividend repatriation on FDI during 10MFY24 has exceeded the FY23 annual tally by three times already....

HBL recognised as leading remittance mobilizing bank of Pakistan

Published 12 Dec, 2023 05:28am

KARACHI: HBL has been recognised by the Pakistan Remittance Initiative (PRI) as the “Leading Remittance Mobilizing...

For increasing remittance inflows: SBP ups cash incentives for banks, MFBs and ECs

Updated 22 Sep, 2023 09:37am

KARACHI: The State Bank of Pakistan (SBP) on Thursday announced increase in the financial incentives for banks,...

Incentives, innovative services: Remittance inflows from GCC states may soar to $20bn: experts

Updated 21 Jul, 2023 09:25am

KARACHI: The remittance inflows can be increased by more than $5 billion to $20 billion to Pakistan through the...

Pakistan reports 4th successive monthly current account surplus in June

Updated 18 Jul, 2023 04:34pm

Current account deficit shrinks 85.4% to $2.56bn in FY23
Development driven mainly by import restrictions due to dollar shortage

Give with one hand and take away with the other

Published 18 Jul, 2023 05:51am

EDITORIAL: Prime Minister Shehbaz Sharif, while addressing the distribution ceremony of the Prime Minister’s Youth...

IMF’s approach is a bit out of the ordinary

Published 11 Jul, 2023 06:08am

EDITORIAL: The much hyped attempt by the International Monetary Fund (IMF) team to seek a consensus on the ...

Remittance inflows to Pakistan: Bank AL Habib teams up with ACE Money Transfer

Updated 07 Jun, 2023 07:13pm

KARACHI: Remittance is a significant source of foreign reserves for Pakistan, and any decline in its volume can...

Inflation perception survey: Rising price hike linked to political instability

Published 15 Apr, 2023 06:19am

ISLAMABAD: An overwhelming majority of 71 per cent of the country has reckoned political instability as the major...

Govt projection of achieving $3bn current account surplus in FY23 ‘unrealistic’: PBC

Published 06 Feb, 2023 03:22pm

The Ministry of Finance's prediction of achieving a surplus current account by the end of the ongoing fiscal year...

Analysts weigh in: rupee’s latest depreciation has wider implications, outcomes

Updated 27 Jan, 2023 07:04pm

Experts believe LC issue will be resolved, inflation along with remittances to increase in short term

Freight forwarders/consolidators: Forex manual for remittance of freight charges amended

Published 27 Jan, 2023 06:15am

KARACHI: The State Bank of Pakistan (SBP) has amended the Foreign Exchange Manual (FEM) for remittance of freight...

SBP lowers FY23 growth forecast

Published 22 Dec, 2022 05:57am

KARACHI: Taking into account the destruction caused by floods and the policy focus on stabilization, the State Bank...

Pakistan's GDP growth projected to remain below 3–4% in FY23, says SBP

Updated 21 Dec, 2022 08:01pm

Central bank releases Annual Report on The State of Pakistan's Economy

Jul-Nov workers’ remittances decline nearly 10pc YoY

Updated 15 Dec, 2022 09:59am

KARACHI: Inflows of workers’ remittances maintained a declining trend and fell 9.77 percent during the first five...

Remittances continue to decline, clock in at $2.1bn in November

Published 14 Dec, 2022 05:13pm

Experts attribute lower inflow to usage of illegal channels

End of FY23: JPMorgan has penciled in another 400bps rate-hike, but experts disagree

5-year CDS has increased from 2,208bps to 6,419bps in one month, says brokerage house

Remittance inflows amid forex volatility

Published 14 Oct, 2022 03:39am

EDITORIAL: Home or workers’ remittances are declining. In the first quarter of this year, there was a fall of 6...

Remittance inflow stands at $2.72bn in August, increases 7.9% month-on-month

Updated 13 Sep, 2022 12:27pm

Saudi Arabia remains most significant contributor to workers’ remittances with $692mn in August 2022

Pakistan's current account deficit shrinks massively to $1.21bn in July

Updated 24 Aug, 2022 12:11pm

Registers 45% decline month-on-month after clocking in at revised $2.2 billion in June

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 17	162.40
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Tokyo Nikkei / Jul 17	64,141.12
Nasdaq / Jul 17	25,520.24
Hang Seng / Jul 17	24,562.24
FTSE 100 / Jul 17	10,600.37
Dow Jones / Jul 17	52,146.42
Germany DAX 30 / Jul 17	24,830.98
France CAC40 / Jul 17	8,338.81

Item	Value
Crude Oil USD/Barrel / Jul 17	82.49
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	4,017.39
Cotton US¢/pound / Jul 17	78.63
Petrol/Litre / Jul 19	316.15
Diesel/Litre / Jul 19	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
Baba Farid Sugar / Jul 17 Baba Farid Sugar Mills Limited(BAFS)	418.56 ▲ 38.05 (10%)
Shadman Cotton / Jul 17 Shadman Cotton Mills Limited(SHCM)	50.61 ▲ 4.6 (10%)
Asia Ins. / Jul 17 Asia Insurance Company Limited(ASIC)	34.45 ▲ 3.13 (9.99%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.58 ▲ 9.65 (9.85%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.91 ▲ 2.5 (9.84%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.70 ▼ -0.89 (-24.79%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)
Mughal Iron & Steel(C) / Jul 17 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	63 ▼ -6.99 (-9.99%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.29 ▼ -16.65 (-9.97%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.91 ▼ -1.1 (-9.16%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)
Supernet Tech. / Jul 17 Supernet Technologies Limited(STL)	41.34 ▼ -3.72 (-8.26%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	86,491,992 ▲ 0.19
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,545,194 ▼ -0.67
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,580,070 ▲ 2.94
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	23,499,606 ▼ -0.04
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,396,866 ▼ -0.24
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,830,259 ▼ -1.32
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,534,208 ▼ -0.33
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,503,494 ▼ -0.51
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,458,248 ▼ -0.29
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,427,355 ▲ 0.51

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