Topic

Remittances

Record remittances fail to offset import surge as Pakistan posts $139mn C/A deficit in FY26

Updated 17 Jul, 2026 06:13pm

Pakistan's external account was pushed into negative due to high imports, while exports remained stagnant in FY26

Record remittances: but no room for over-celebration

Published 14 Jul, 2026 05:00am

EDITORIAL: Pakistan’s overseas workers’ remittances have done it again. At $41.6 billion in FY26, inflows reached...

Remittances: cushion with a catch

Updated 13 Jul, 2026 05:43am

Pakistan’s remittance story ended FY26 on a strong note. Workers’ remittances reached a record USD41.6 billion, up...

ADB lowers Pak growth forecast to 3.7pc

Published 10 Jul, 2026 06:23am

ISLAMABAD: The Asian Development Bank (ADB) has revised Pakistan’s economic growth forecast for FY2027 downward to...

Record remittances: PM heaps praise on overseas Pakistanis

Updated 10 Jul, 2026 09:29am

Calls them valuable asset

FY26: Record USD41.6bn home remittances received

Updated 10 Jul, 2026 09:28am

KARACHI: Pakistan received a record USD 41.6 billion inflows in workers’ remittances during fiscal year 2025-26...

Overseas Pakistanis send $41.6bn in FY26 as SBP ends incentive schemes

Updated 09 Jul, 2026 06:26pm

Remittances into Pakistan stood at $3.475 billion in June
Analysts attribute increase to a stable rupee, formal banking channel shifts, and a growing overseas workforce.

SBP governor urges banks to embrace digital transformation

Published 09 Jul, 2026 05:04am

KARACHI: Pakistan’s banking industry must embrace digital transformation and expand lending to agriculture, small...

Banking sector dominance on PSX

Published 08 Jul, 2026 05:27am

The Pakistan Stock Exchange data as of June 30, 2026 shows clear sectoral concentration. Five banks feature...

Two economic updates and outlooks

Updated 06 Jul, 2026 04:25am

EDITORIAL: The Finance Division released May and June Economic Update and Outlook on the last day of the fiscal year...

Banks say shift in cost of remittances to burden them, dent profitability

Updated 04 Jul, 2026 11:35pm

SBP reports remittances cost at Rs76bn in FY26, projects cost to grow to Rs85-90bn in FY27

Sohni Dharti Remittance Programme discontinued

Published 03 Jul, 2026 05:13am

KARACHI: The State Bank of Pakistan (SBP) has announced to discontinue the Sohni Dharti Remittance Programme (SDRP),...

Home remittances: SBP discontinues govt-backed TTCIS scheme

Published 03 Jul, 2026 05:13am

KARACHI: The State Bank of Pakistan (SBP) on Thursday discontinued the government-backed Telegraphic Transfer...

SBP ends reimbursement scheme for remittance transfer fees

Published 02 Jul, 2026 02:19pm

The State Bank of Pakistan (SBP) has discontinued a government-backed incentive scheme that reimbursed banks for...

Remittances remain a lifeline for economy: PM

Updated 02 Jul, 2026 09:25am

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday hailed overseas Pakistanis as the country’s “most valuable...

Non-issuance of May economic update fuels speculations

Updated 25 Jun, 2026 03:13pm

ISLAMABAD: In an unprecedented development, the Finance Division is yet to release its Monthly Economic Update and...

May CA posts USD459m surplus

Published 18 Jun, 2026 05:37am

KARACHI: Pakistan’s current account posted a USD 459 million surplus in May 2026 supported by record-breaking...

Current Account: Relief masks widening trade imbalances

Published 18 Jun, 2026 05:37am

As expected, the current account posted a surplus of USD459 million in May, a significant improvement of USD735...

Pakistan posts $459mn C/A surplus in May 2026

Updated 17 Jun, 2026 09:23pm

Surplus follows a deficit of $276 million recorded in April 2026

The Budget

Updated 13 Jun, 2026 06:44am

EDITORIAL: The federal finance minister, Senator Muhammad Aurangzeb, presented yesterday the third budget of the...

PM expresses satisfaction over record May remittances sent by overseas Pakistanis

Published 11 Jun, 2026 06:32am

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday expressed satisfaction over a record USD 4.3 billion in...

Remittance rush: Don’t miss the fine print!

Updated 11 Jun, 2026 07:12am

The headline number is hard to ignore. Workers’ remittances touched an unprecedented $4.25 billion in May 2026, the...

Pakistan receives highest-ever monthly remittances

Published 11 Jun, 2026 05:06am

KARACHI: Pakistan received a record USD 4.25 billion in workers’ remittances in May 2026, the highest monthly inflow...

Pakistan registers $4.3bn in remittances for May 2026

Updated 10 Jun, 2026 03:13pm

During Jul-May FY26, remittances clock in at $38.1bn
This is the “highest-ever monthly remittance inflow in Pakistan's history”, says Schehzad

Turkiye tackles inflation, Pakistan stumbles: ADB

S&P cites country’s high dependence on imported energy and industrial inputs from the region

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	162.42
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 16	7,533.77
Nasdaq / Jul 16	25,881.95
Dow Jones / Jul 16	52,552.97
India Sensex / Jul 17	77,920.51
Tokyo Nikkei / Jul 17	63,896.48
Hang Seng / Jul 17	24,579.70
FTSE 100 / Jul 17	10,593.72
Germany DAX 30 / Jul 17	24,817.28
France CAC40 / Jul 17	8,343.48

Item	Value
Crude Oil USD/Barrel / Jul 17	79.10
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	3,989.08
Cotton US¢/pound / Jul 17	78.11
Petrol/Litre / Jul 18	316.15
Diesel/Litre / Jul 18	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Maqbool Textile / Jul 17 Maqbool Textile Mills Limited(MQTM)	37.27 ▲ 3.39 (10.01%)
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%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.72 ▲ 9.79 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.95 ▲ 2.54 (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%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.61 ▼ -0.98 (-27.3%)
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%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.25 ▼ -16.69 (-10%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.81 ▼ -1.2 (-9.99%)
Nadeem Tex. / Jul 17 Nadeem Textile Mills Limited(NATM)	77 ▼ -8.16 (-9.58%)
Azgard Nine (Non-Voti) / Jul 17 Azgard Nine (Non-Voti)(ANLNV)	7.54 ▼ -0.78 (-9.38%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	85,782,795 ▲ 0.17
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,049,582 ▼ -0.58
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,330,537 ▲ 2.9
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	21,918,262 ▼ -0.03
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,198,734 ▼ -0.26
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,536,542 ▼ -1.23
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,404,498 ▼ -0.3
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,314,007 ▼ -0.39
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,439,447 ▼ -0.13
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,367,016 ▲ 0.47

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