Trends - remittances in Pakistan

remittances in Pakistan

$3bn remittances in Oct: highest monthly inflow in FY25 so far

KARACHI: Pakistan received over $3 billion home remittances in October 2024, the highest monthly inflow so far in ...

Published 09 Nov, 2024 06:36am

Markets

Pakistan records $119mn current account surplus in September 2024

Development comes on back of massive increase in remittance inflows
This is the second successive month in which Pakistan's current account has posted surplus

Updated 21 Oct, 2024 11:32pm

BR Research

Remittances to the rescue

The significance of worker remittances can be seen from the fact that over $8 billion came into the country in the...

Published 14 Oct, 2024 09:19am

Editorials

Rise in home remittances

EDITORIAL: The State Bank of Pakistan website revealed a 39 percent rise in remittance inflows for the first quarter...

Published 14 Oct, 2024 07:00am

BR Research

Remittances robust again

In August 2024, the country recorded a significant increase in remittances, reaching $2.94 billion, the year-on-year...

Published 11 Sep, 2024 09:11am

Business & Finance

Jul-Aug remittances soar 44pc to $5.94bn YoY

KARACHI: During a challenging period when the country is striving to secure healthy foreign inflows to meet its...

Published 10 Sep, 2024 06:32am

Business & Finance

June remittances soar 44.4pc YoY

KARACHI: The workers’ remittances from overseas Pakistanis have increased by 44.4 percent on year-on-year basis...

Published 10 Jul, 2024 03:14am

Business & Finance

Legal and free remittance channels: ACE Money Transfer, Bank AL Habib launch awareness campaign

KARACHI: ACE Money Transfer, a leading UK-based international remittance service provider, and Bank AL Habib, one of...

Published 24 Oct, 2022 05:45am

Markets

Remittances: Pakistan receives record inflow of $31.2bn in FY22

Amount 6.1% higher year-on-year
Inflow during June 2022 alone clocks in at $2.761bn, 18.4% higher month-on-month

Updated 18 Jul, 2022 03:41pm

Markets

Remittances fall 25.4% month-on-month to $2.3bn in May 2022

Fall comes due to post-Eid decline, long holidays, says SBP

Updated 10 Jun, 2022 06:29pm

World Bank projects slowdown in remittances

ISLAMABAD: The World Bank has projected a slowdown in remittances to Pakistan and estimated it to grow at eight...

Updated 13 May, 2022 10:14am

Perspectives

Going digital: remittances and national development

The year 2021 was a record-breaking year for Pakistani remittances. Pakistani expats transferred $33 billion in ...

Published 21 Feb, 2022 09:36pm

Pakistan

Remittances decline 14.9% month-on-month, amount to $2.14bn in Jan

SBP data shows total workers' remittances during 7MFY22 amount to $18bn, 9.1% higher

Published 11 Feb, 2022 08:06pm

Markets

Remittances maintain momentum, amount to $2.5bn in December

July-December inflows clock in at $15.8 billion, up by 11.3% year-on-year

Updated 14 Jan, 2022 05:50pm

Jul-Nov remittances post 10pc growth YoY

KARACHI: Inflows of home remittances posted a 10 percent growth during the first five months of this fiscal year,...

Updated 14 Dec, 2021 10:06am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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remittances in Pakistan

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