Remittances sent home by overseas Pakistanis touched a seven-month high at $2.5 billion in March apparently due to Ramadan and Eid ul Fitr. The inflow of workers’ remittances was 27% higher compared to the prior month of February; however, it was 11% lower compared to March 2022, the State Bank of Pakistan (SBP) data showed.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Gold price increases by Rs. 4,000 per tola

Karachi: Gold price increased by Rs4,000 per tola on Friday, reaching the…

Bidding for PIA to be held on Dec 23, says PM Sharif

Prime Minister Shehbaz Sharif on Wednesday announced that the bidding process of…

South Korea, Germany hold energy talks

Dubai: It was reported on Sunday that German and South Korean officials…

Foreign exchange reserves fall below $8bn

Karachi: According to the reports, country’s foreign exchange reserves held by the…