By Tahir Sherani Published in Dawn on February 13, 2023 Remittances declined for the fifth consecutive month in January, clocking in at $1.9 billion, data shared by the State Bank of Pakistan (SBP) showed on Monday. This equates to a slump of 13.1 per cent compared to last January’s $2.2bn. On a month-on-month basis, remittances decreased by […]
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JanBy Salman Siddiqui Published in The Express Tribune on January 14, 2023 KARACHI: The inflows of workers’ remittances sent home by overseas Pakistanis have continued to slow down, plunging to a 31-month low at $2 billion in December 2022. The straight drop in the inflows for the fourth consecutive month has further hit the country’s forex reserves,[…]
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DecBy Shahid Iqbal Published in DAWN on December 15, 2022 KARACHI: Remittances sent by overseas Pakistanis declined by 14 per cent in November this year. The inflows fell by 9.6 per cent during the first five months of the current fiscal year (FY23). The latest data released by the State Bank on Wednesday showed that the remittances[…]
