Pakistan’s remittances clock in at $2.25bn in February, up 13% YoY However, inflows decrease 6% on a monthly basis Updated 08 Mar, 2024 11:36pm
Markets Pakistan’s current account posts significant surplus of $397mn in December Overall deficit during July-December FY24 stands at $831mn compared to $3.63bn in same period of FY23 Updated 17 Jan, 2024 08:33pm
Markets RDA: inflow up 17%, clocks in at $160mn in December Cumulative inflow has crossed $7.2 billion by December-end Updated 15 Jan, 2024 09:14pm
Business & Finance Dec workers’ remittances post 5.4pc growth MoM KARACHI: Inflows of workers’ remittances recorded 5.4 percent growth in December 2023 compared to November 2023, the... Updated 11 Jan, 2024 09:56am
Pakistan Pakistan’s remittances clock in at $2.4bn in December, up 5.4% from November Inflow 13.4% higher on yearly basis, Saudi Arabia remains biggest source of remittances in December Updated 10 Jan, 2024 10:36pm
Editorials A further decline in remittances EDITORIAL: Remittance inflows, a desired form of foreign exchange earnings, declined July-November 2023 to 11,044.7... Published 19 Dec, 2023 05:20am
Markets Pakistan’s remittances clock in at $2.5bn in October, up 11.5% on monthly basis On yearly basis, inflow up nearly 10% Updated 10 Nov, 2023 10:13pm
Markets SBP, Arab Monetary Fund sign MoU to facilitate cross-border remittances Pakistan’s Raast and AMF-owned Buna payment systems will be linked to enable real-time, cross-border payments for overseas Pakistanis Updated 03 Nov, 2023 07:54pm
Print Remittance inflows likely to recover Experts say that improvement inflows likely as PKR marked a significant comeback against US dollar in interbank and open market in last few weeks Updated 30 Oct, 2023 10:05am
Pakistan Pakistan’s remittances clock in at $2.2bn in September, 5.5% higher on monthly basis However, inflow 11% lower year-on-year Cumulative figure for July-September stands at $6.33bn, nearly 20% lower compared with same three-month period of FY23 Updated 10 Oct, 2023 10:42pm
Editorials Big decline in remittances EDITORIAL: Remittance inflows declined during the first two months of the current fiscal year against the comparable... Published 15 Sep, 2023 06:31am
Pakistan Pakistan’s remittances clock in at $2.1bn in August, 24% lower YoY However, inflow 3.1% higher on monthly basis Updated 11 Sep, 2023 07:55pm
Markets Rupee weakens further, settles at 288.49 against US dollar Currency depreciate 0.31% in inter-bank market Updated 11 Aug, 2023 08:09pm
Business & Finance Jul remittances down 19.3pc to $2.027bn YoY KARACHI: Inflow of home remittances fell sharply, ie, over 19.3 percent during the first month of this fiscal year,... Published 11 Aug, 2023 05:17am
Pakistan Pakistan’s remittances clock in at just over $2bn in July Inflow 7.3% lower on monthly basis Updated 10 Aug, 2023 06:48pm
Editorials Why the budget was changed EDITORIAL: Finance Minister Ishaq Dar stated the obvious during his briefing to the National Assembly Standing... Published 09 Aug, 2023 05:33am
Print Incentives, innovative services: Remittance inflows from GCC states may soar to $20bn: experts KARACHI: The remittance inflows can be increased by more than $5 billion to $20 billion to Pakistan through the... Updated 21 Jul, 2023 09:25am
Print July-May remittances plunge 13pc to $24.83bn YoY KARACHI: Inflows of workers’ remittances registered a sharp decline of 13 percent during the first 11 months of this... Updated 14 Jun, 2023 09:01am
Business & Finance July-April remittances decline 13pc to $22.74bn YoY KARACHI: Workers’ remittances fell by 13 percent during the first ten months of this fiscal year (FY23) as ... Published 11 May, 2023 05:54am
Markets Overseas workers' remittances up 27.4% MoM, clock in at $2.5bn in March Inflow highest since August 2022, attributed to Ramadan factor Cumulative figure for July to March 2022-23 stands at $20.527bn, 10.8% lower year-on-year Updated 10 Apr, 2023 04:13pm
Markets Remittances clock in at $2bn in February, down 9.5% on a yearly basis Inflow, however, recovers marginally on month-on-month basis Updated 10 Mar, 2023 07:17pm
Business & Finance January foreign remittances at 31-month low, clock in at $1.9bn Inflow declines for fifth successive month Published 13 Feb, 2023 03:57pm
Business & Finance Jul-Dec remittances fall 11pc to $14.1bn YoY KARACHI: Inflows of home remittances recorded a decline of 11 percent during the first half of this fiscal year... Published 14 Jan, 2023 06:22am
Markets Remittances down 19% year-on-year, clock in at $2.04bn in December Inflow declines for fourth successive month Cumulative inflow during July-December 11.1% lower on yearly basis Updated 13 Jan, 2023 09:02pm
Business & Finance Jul-Nov workers’ remittances decline nearly 10pc YoY KARACHI: Inflows of workers’ remittances maintained a declining trend and fell 9.77 percent during the first five... Updated 15 Dec, 2022 09:59am
Pakistan Remittances continue to decline, clock in at $2.1bn in November Experts attribute lower inflow to usage of illegal channels Published 14 Dec, 2022 05:13pm
Business & Finance Q1 remittances fall over 6pc YoY KARACHI: Workers’ remittances fell over 6 percent during the first quarter (July-Sept) of this fiscal year due to... Updated 12 Oct, 2022 09:32am
Business & Finance Aug remittances post 8pc growth MoM KARACHI: Inflows of workers’ remittances posted 8 percent growth during August 2022, the State Bank of Pakistan... Published 14 Sep, 2022 04:45am
Markets Remittance inflow stands at $2.72bn in August, increases 7.9% month-on-month Saudi Arabia remains most significant contributor to workers’ remittances with $692mn in August 2022 Updated 13 Sep, 2022 12:27pm
Business & Finance Remittance inflow declines 8.6% month-on-month in July, stands at $2.52bn SBP attributes decline to fewer working days Updated 16 Aug, 2022 09:11pm