Monday, December 5, 2022
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Tag: Remittances

Foreign remittances hit eight-month low in October

The inflows of foreign currency on account of workers' remittances sent home by overseas Pakistanis hit an eight-month low at $2.22 billion in October,...

Remittances drop to 5-month low in July

The flow of remittances from overseas Pakistanis slowed down to a five-month low at $2.52 billion in the first month (July) of current fiscal...

Overseas Pakistanis send highest ever remittances of more than $31bn in FY22

The overseas Pakistani workers’ remittances grew by 6.1 percent in fiscal year 2021-22 to $31.2 billion against the inflows of $29.45 billion in same...

Remittances in first half of current fiscal rise to record $15.8b: SBP

Remittances from overseas Pakistanis surged to $15.8 billion in the first six months of the current fiscal year, 11.3 percent higher than a year...

Pakistan’s remittances average above $2.7bn for 7th consecutive month

The overseas Pakistanis’ remittances saw record growth of 12.5 percent over the same period last year as they sent the highest-ever $8 billion sum...

Remittances stay above $2 billion for 14th consecutive month

For the 14th consecutive month, remittances remained above $2 billion. At $2.71bn, remittances increased by 0.7 percent over the previous month and showed a...

Remittances at an all-time high of $29.4bn in FY21

Remittances continued their unprecedented streak of staying above $2 billion for a record 13th consecutive month. In June 2021, inflows of around $2.7 billion...

Finance Ministry reports an increase in exports, revenue and remittances

The Ministry of Finance issued its Monthly Economic Update & Outlook report for June 2021. As per the report, in the current fiscal year,...

Remittances amount to $2.5bn, 33.5pc higher than May 2020

Remittances continued their exceptional streak in May 2021, remaining above $2 billion for a record 12th straight month. Remittances received during May 2021 amounted to...

Remittances through Roshan Digital Account cross $800m after $212m inflow in March

KARACHI: Pakistani banks have received an amount of $212 million through the Roshan Digital Accounts (RDA) scheme of the State Bank of Pakistan (SBP)...

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