Trends - Remittances - Business Recorder

Remittances

JS Bank, Al Ansari Exchange launch ‘millionaire campaign’

KARACHI: JS Bank has strengthened its partnership with Al Ansari Exchange, a leading exchange company in the UAE, to...

Published about 22 hours ago

SBP governor upbeat about swift IMF SLA

ISLAMABAD: State Bank of Pakistan (SBP) Governor Jameel Ahmed, Thursday, expressed the hope that Pakistan and the...

Updated 21 Mar, 2025 09:02am

Opinion

Light of hope

Regardless of how violently the wick of hope flickers due to changing dynamics and the burden of past misdeeds, it...

Published 19 Mar, 2025 06:24am

Business & Finance

Jul-Feb FY25: C/A posts $691m surplus on healthy remittance inflows

KARACHI: Pakistan’s current account showed significant improvement, recording a $0.7 billion surplus in the first...

Published 18 Mar, 2025 05:33am

More facilities sought for overseas Pakistanis

KARACHI: The Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and...

Updated 17 Mar, 2025 08:49am

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’s remittance inflow at $3.1bn in February 2025, up 3.8% month-on-month

Amount 38.6% higher when compared with $2.25 billion in February 2024

Updated 10 Mar, 2025 11:32pm

Uptick in inflation, water stress for crops likely

Finance Division says inflation is anticipated to remain within range of 2.0-3.0 percent for February 2025

Updated 28 Feb, 2025 04:02pm

Business & Finance

Pakistan’s inflation expected to remain at 2-3% in February: Ministry of Finance

Exports, remittances expected to rise amid seasonal demand

Updated 27 Feb, 2025 08:57pm

Opinion

Workers’ remittances: a pivotal role in Pakistan’s economy

Over the past five decades, Pakistan’s workers’ remittances (WRs) have surged from US$0.14 billion in 1970 to...

Published 21 Feb, 2025 06:49am

Remittances by banks: Special rules for packing and dispatch revised

ISLAMABAD: Ministry of Finance has revised special rules for packing and dispatch of remittances by the banks....

Updated 20 Feb, 2025 09:26am

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

Govt working with UAE, KSA to extract mineral resources: PM

KARACHI: Prime Minister Shehbaz Sharif Monday revealed that Pakistan was working together with the United Arab...

Updated 11 Feb, 2025 04:15pm

Markets

Pakistan’s remittance inflow at $3bn in January 2025, down 3.2% month-on-month

Amount 25% higher when compared with $2.4 billion in January 2024

Updated 10 Feb, 2025 11:23pm

Pakistan

Pakistan’s economic stability improves, but IMF & structural reforms crucial: Fitch

Securing sufficient external financing remains a challenge, rating agency says

Updated 07 Feb, 2025 09:55pm

PM announces green channel restoration

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday announced immediate restoration of the Green Channel – a free...

Updated 05 Feb, 2025 02:36pm

Business & Finance

Policy rate cut by 100bps to 12pc on easing inflation

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to reduce the policy...

Published 28 Jan, 2025 06:45am

Pakistan

‘Post on X account’: IK reiterates remittance boycott demand

ISLAMABAD: The jailed founding chairman of Pakistan Tehreek-e-Insaf (PTI) Imran Khan on Sunday reiterated his call...

Published 27 Jan, 2025 06:09am

Editorials

Debt burden

EDITORIAL: Prime Minister Shehbaz Sharif while performing the ground-breaking ceremony of the first Daanish School...

Published 27 Jan, 2025 05:50am

Ground-breaking of first Daanish School performed in AJK: PM explains how default averted

BHIMBER (AJK): Prime Minister Muhammad Shehbaz Sharif on Wednesday performed ground breaking of the first Daanish...

Updated 23 Jan, 2025 09:37am

BR Research

Trade woes, remittance flows: 1HFY25 in focus

The first half of the fiscal year presented a favorable macroeconomic picture, primarily due to falling inflation...

Published 20 Jan, 2025 09:20am

Business & Finance

Rise in exports, remittances in H1 causes C/A surplus

KARACHI: Pakistan’s current account posted a surplus of over $1 billion in the first half (July-December) of the...

Published 18 Jan, 2025 05:45am

Markets

Pakistan registers massive $582mn current account surplus in December 2024

This is fifth consecutive month of current account surplus

Updated 17 Jan, 2025 09:04pm

BR Research

Pakistan’s remittance surge

In December 2024, remittances to Pakistan reached $3.08 billion, reflecting an impressive 29.3 percent year-on-year...

Published 14 Jan, 2025 08:36am

Editorials

Rise in home remittances

EDITORIAL: Remittances have soared by 33 percent to 17.845 billion dollars within the first half of the current...

Published 14 Jan, 2025 03:12am

H1 remittances surpass export earnings

Remittances for the first half of the current fiscal year amount to $17.645 billion, whereas exports amount to $16.561 billion

Updated 14 Jan, 2025 02:52pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 27	280.28
USD PKR Interbank Buying / Mar 27	280.08
USD to Japanese Yen / Mar 27	150.24
USD to Swiss Franc / Mar 27	0.88
Pound Sterling to USD / Mar 27	1.29
Euro to USD / Mar 27	1.08
UK LIBOR % / Mar 26	4.96

Stock	Volume
S&P 500 / Mar 26	5,712.20
Nasdaq / Mar 26	17,899.02
Dow Jones / Mar 26	42,454.79
India Sensex / Mar 27	77,690.67
Tokyo Nikkei / Mar 27	37,639.25
Hang Seng / Mar 27	23,671.44
FTSE 100 / Mar 27	8,625.87
Germany DAX 30 / Mar 27	22,502.76
France CAC40 / Mar 27	7,936.52

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 26	17,085
Gold 10 Grams PKR / Mar 26	272,462
Crude Oil USD/Barrel / Mar 27	69.75
Gold Spot USD/Ounce / Mar 27	3,032.56
Cotton US¢/pound / Mar 27	66.15
Petrol/Litre / Mar 28	255.63
Diesel/Litre / Mar 28	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 27 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	4.01 ▲ 1 (33.22%)
Parmount Sp. / Mar 27 Paramount Spinning Mills Limited(PASM)	4.10 ▲ 0.59 (16.81%)
Shaheen Ins. / Mar 27 Shaheen Insurance Company Limited(SHNI)	7.50 ▲ 0.97 (14.85%)
Popular Islamic / Mar 27 Popular Islamic Modaraba(PIM)	15.02 ▲ 1.37 (10.04%)
Diamond Ind. / Mar 27 Diamond Industries Limited(DIIL)	33.83 ▲ 3.08 (10.02%)
Sardar Chemical / Mar 27 Sardar Chemical Industries Limited(SARC)	35.95 ▲ 3.27 (10.01%)
J.K.Spinning / Mar 27 J.K. Spinning Mills Limited(JKSM)	69.58 ▲ 6.33 (10.01%)
Data Agro / Mar 27 Data Agro Limited(DAAG)	106.28 ▲ 9.66 (10%)
Leiner Pak Gelat / Mar 27 Leiner Pak Gelatine Limited(LPGL)	121.88 ▲ 11.08 (10%)
Allawasaya Tex / Mar 27 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,429.95 ▲ 130 (10%)

Stock	Price
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	11.60 ▼ -98.09 (-89.42%)
Elahi Cot. / Mar 27 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Khalid Siraj / Mar 27 Khalid Siraj Textile Mills Limited(KSTM)	8.03 ▼ -0.87 (-9.78%)
PIA Holding Co.B / Mar 27 PIA Holding Company Limited B(PIAHCLB)	874.01 ▼ -93.68 (-9.68%)
Saritow Spinning / Mar 27 Saritow Spinning Mills Limited(SSML)	18.90 ▼ -1.75 (-8.47%)
Cordoba Logistics / Mar 27 Cordoba Logistics & Ventures Limited(CLVL)	12.61 ▼ -1.15 (-8.36%)
Sally Textile / Mar 27 Sally Textile Mills Limited(SLYT)	11.01 ▼ -0.99 (-8.25%)
Masood Textile / Mar 27 Masood Textile Mills Limited(MSOT)	49.06 ▼ -4.27 (-8.01%)
Universal Ins. / Mar 27 The Universal Insurance Company Limited(UVIC)	9.57 ▼ -0.73 (-7.09%)
Al-Khair Gadoon / Mar 27 Al-Khair Gadoon Limited(AKGL)	42 ▼ -3.1 (-6.87%)

Stock	Volume
Cnergyico PK / Mar 27 Cnergyico PK Limited(CNERGY)	45,325,056 ▲ 0.31
Pak Elektron / Mar 27 Pak Elektron Limited(PAEL)	29,179,304 ▲ 0.67
P.S.O. / Mar 27 Pakistan State Oil Company Limited(PSO)	26,879,128 ▲ 1.58
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	20,499,919 ▼ -98.09
WorldCall Telecom / Mar 27 Worldcall Telecom Limited(WTL)	16,191,931 ▼ -0.03
B.O.Punjab / Mar 27 The Bank of Punjab(BOP)	16,148,304 ▼ -0.2
Pak Petroleum / Mar 27 Pakistan Petroleum Limited(PPL)	15,934,134 ▼ -1.85
Engro Fert. / Mar 27 Engro Fertilizers Limited(EFERT)	14,419,464 ▲ 0.5
Fauji Cement / Mar 27 Fauji Cement Company Limited(FCCL)	14,194,696 ▲ 0.53
Maple Leaf Cement / Mar 27 Maple Leaf Cement Factory Limited(MLCF)	11,282,647 ▲ 0.09

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Remittances

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