Trends - remittance inflows - Business Recorder

remittance inflows

Pakistan’s current account posts $12mn surplus in April 2025

On YoY basis, C/A decreases 96% against $315 million surplus in same month last year

Updated 16 May, 2025 09:58pm

BR Research

Remittance 10MFY25 snapshot

Remittances to Pakistan reached an all-time high of $31.2 billion during the first ten months of FY25 (10MFY25),...

Updated 12 May, 2025 07:38am

Markets

Pakistan sees sharp decline in worker emigration to UAE: report

Frequent changes in UAE visa policies attributed to the decline

Published 15 Apr, 2025 03:51pm

World

Remittances from UAE to cross $7bn, says Pakistan’s envoy

Remittances from UAE clocked in at $6.7bn in 2024

Updated 15 Apr, 2025 03:16pm

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

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

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

Pakistan

Pakistan’s remittance inflow at $3.1bn in December 2024, up 6% month-on-month

Amount 29.3% higher when compared with $2.38 billion in December 2023

Updated 10 Jan, 2025 10:06pm

BR Research

Remittances on a steady climb

The central bank data reveals that remittances experienced a 24 percent year-on-year growth in October 2024. The...

Published 11 Nov, 2024 09:07am

Business & Finance

$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’s remittance inflow at $3.05bn in October 2024, up 24% year-on-year

Amount also 7% higher when compared with $2.86 billion in September 2024

Updated 08 Nov, 2024 10:02pm

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

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

Pakistan

Pakistan’s remittance inflow stands at $2.85bn in September 2024, up 29% year-on-year

Amount marginally lower than in August 2024
During 3MFY25, remittances up nearly 39% YoY to $8.8 billion as compared to $6.3 billion in 3MFY24

Updated 09 Oct, 2024 10:51pm

Markets

Pakistan’s remittance inflow stands at $3bn in July, up 48% year-on-year

On monthly basis, inflow down 5%
Amount from Saudi Arabia remains highest at $761mn

Updated 09 Aug, 2024 10:18pm

BR Research

Remittances shining again

As expected, remittances from overseas Pakistanis saw a surge on May 24. However, the monthly inflows rose to record...

Published 11 Jun, 2024 08:13am

Business & Finance

May 2024: country gets highest-ever remittances

KARACHI: Pakistan received highest-ever monthly inflows of home remittances amounted to $ 3.2 billion in the month ...

Published 08 Jun, 2024 07:00am

Markets

Pakistan receives record remittances of $3.24bn in May, up over 54% YoY

Inflows from Saudi Arabia, UAE, UK dominate overall amount

Updated 07 Jun, 2024 09:36pm

April remittances up 27.9pc to $2.8bn YoY

KARACHI: The inflows of workers’ remittances have increased by 27.9 percent on year-on-year basis to $2.8 billion...

Updated 10 May, 2024 09:23am

Markets

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

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 27	282.22
USD PKR Interbank Buying / May 27	282.02
USD to Japanese Yen / May 27	143.48
USD to Swiss Franc / May 27	0.82
Pound Sterling to USD / May 27	1.35
Euro to USD / May 27	1.14
UK LIBOR % / May 23	4.96

Stock	Volume
S&P 500 / May 26	5,802.82
Nasdaq / May 26	18,737.21
Dow Jones / May 26	41,603.07
India Sensex / May 27	81,556.51
Tokyo Nikkei / May 27	37,724.11
Hang Seng / May 27	23,377.33
FTSE 100 / May 27	8,801
Germany DAX 30 / May 27	24,156.51
France CAC40 / May 27	7,849.16

Item	Value
Karachi Cotton PKR/37.32 KG / May 26	16,985
Gold 10 Grams PKR / May 26	301,354
Petrol/Litre / May 27	252.63
Crude Oil USD/Barrel / May 27	61.53
Gold Spot USD/Ounce / May 27	3,307.44
Diesel/Litre / May 27	254.64
Cotton US¢/pound / May 27	66.04

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / May 27 Dadabhoy Cement Industries Limited(DBCI)	6.25 ▲ 1.45 (30.21%)
K-Electric Ltd. / May 27 K-Electric Limited(KEL)	5.75 ▲ 1.03 (21.82%)
Pak Datacom / May 27 Pak Datacom Limited(PAKD)	194.69 ▲ 33.79 (21%)
PIA Holding Co.B / May 27 PIA Holding Company Limited B(PIAHCLB)	24,276.50 ▲ 4213.29 (21%)
Wah-Noble / May 27 Wah Noble Chemicals Limited(WAHN)	284.37 ▲ 49.35 (21%)
Khyber Textile / May 27 Khyber Textile Mills Limited(KHYT)	2,306.37 ▲ 400.28 (21%)
Kohat Textile / May 27 Kohat Textile Mills Limited(KOHTM)	60.17 ▲ 10.44 (20.99%)
ECOPACK Ltd / May 27 Ecopack Limited(ECOP)	58.56 ▲ 10.16 (20.99%)
Supernet Ltd. / May 27 Supernet Limited(GEMSPNL)	32.69 ▲ 5.67 (20.98%)
I.C.C. Ind. / May 27 ICC Industries Limited(ICCI)	12.35 ▲ 2.14 (20.96%)

Stock	Price
AKD Hospitality / May 27 AKD Hospitality Limited(AKDHL)	179 ▼ -34 (-15.96%)
Gulistan Sp. / May 27 Gulistan Spinning Mills Limited(GUSM)	8 ▼ -1 (-11.11%)
Dewan Automotive Eng. / May 27 Dewan Automotive Engineering Limited(DWAE)	24.15 ▼ -2.94 (-10.85%)
Bank of Khyber / May 27 The Bank of Khyber(BOK)	13.70 ▼ -1.61 (-10.52%)
Gillette Pak / May 27 Gillette Pakistan Limited(GLPL)	264.99 ▼ -30.04 (-10.18%)
Sanghar Sugar / May 27 Sanghar Sugar Mills Limited(SANSM)	51.29 ▼ -5.7 (-10%)
Descon Oxychem / May 27 Descon Oxychem Limited(DOL)	32.95 ▼ -3.01 (-8.37%)
Shield Corp. / May 27 Shield Corporation Limited(SCL)	254 ▼ -20.28 (-7.39%)
Fecto Cement / May 27 Fecto Cement Limited(FECTC)	67 ▼ -4.99 (-6.93%)
Pak Gulf Leasing / May 27 Pak-Gulf Leasing Company Limited(PGLC)	19.11 ▼ -1.39 (-6.78%)

Stock	Volume
K-Electric Ltd. / May 27 K-Electric Limited(KEL)	67,487,683 ▲ 1.03
Telecard Limited / May 27 Telecard Limited(TELE)	6,385,695 ▲ 0.97
P.T.C.L. / May 27 Pakistan Telecommunication Company Ltd(PTC)	2,245,551 ▲ 1.17
Pak Stock Exchange / May 27 Pakistan Stock Exchange Limited(PSX)	1,404,236 ▲ 1.04
WorldCall Telecom / May 27 Worldcall Telecom Limited(WTL)	1,197,173 ▲ 0.04
Siddiqsons Tin / May 27 Siddiqsons Tin Plate Limited(STPL)	438,058 ▲ 0.78
Meezan Bank / May 27 Meezan Bank Limited(MEBL)	432,153 ▼ -2.44
Symmetry Group / May 27 Symmetry Group Limited(SYM)	359,222 ▼ -0.1
The Searle Co. / May 27 The Searle Company Limited(SEARL)	347,545 ▲ 1.28
Waves Home Appliances / May 27 Waves Home Appliances Limited(WAVESAPP)	328,567 ▼ -0.23

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