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Government to announce new package to boost remittances

07:59
April 8, 2019
MG

April 8, 2019 (MLN): In order to increase remittances sent by overseas Pakistanis through banking channels, Pakistani banks will soon launch a series of initiatives.

These initiatives would increase remittances by curbing the illegal ways of transferring money such as hundi or hawala system and easing out financial constraints for those who are willing to discover employment opportunities abroad.

According to Khaleej Times, senior bank officials and industry executives said that the government is finalizing a new package under which banks will provide one-month advance salary to overseas workers as well as financial support to those Pakistanis who will be going abroad on job visa.

Back in October 2018, government took an initiative to increase the inflow of remittances by removing hindrances and procedural issues faced by overseas Pakistanis during the immigration process.

Copyright Mettis Link News

Posted on: 2019-04-08T12:59:00+05:00

27285

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.60000	278.80000	278.80000	278.60000	01:02 PM
2	EUR	1.07169	1.07172	1.07172	1.07171	08:56 AM
3	GBP	1.25064	1.25068	1.25068	1.25064	08:56 AM
4	CHF	0.91295	0.91307	0.91307	0.91295	08:56 AM
5	JPY	156.87700	156.88700	156.88700	156.87900	08:56 AM
6	CAD	1.36532	1.36538	1.36538	1.36532	08:56 AM
7	AUD	0.65388	0.65390	0.65390	0.65388	08:56 AM
8	INR	83.38100	83.38150	83.38150	83.38100	08:56 AM
9	SAR	3.75050	3.75070	3.75070	3.75050	05:56 PM
10	AED	3.67280	3.67310	3.67310	3.67280	05:56 PM
11	HKD	7.82870	7.82880	7.82880	7.82870	08:56 AM
12	CNH	7.26465	7.26477	7.26477	7.26465	08:56 AM
13	CNY	7.23930	7.24050	7.24050	7.23930	11:15 PM
14	THB	36.94700	36.97700	36.97700	36.94700	08:56 AM
15	MYR	4.76500	4.77000	4.77000	4.76500	04:58 AM
16	IDR	16,232.10000	16,251.30000	16,251.30000	16,232.10000	08:56 AM
17	SGD	1.36126	1.36135	1.36135	1.36126	08:56 AM
18	NZD	0.59470	0.59530	0.59508	0.59504	08:56 AM
19	MXN	17.18050	17.18550	17.18550	17.18050	08:56 AM
20	TRY	32.46030	32.47030	32.47030	32.46030	08:56 AM
21	SEK	10.90870	10.91010	10.91013	10.90866	08:56 AM
22	ZAR	18.81810	18.82840	18.82500	18.82070	08:56 AM
23	NOK	10.99990	11.00220	11.00217	10.99985	08:56 AM
24	DKK	6.95760	6.95860	6.95860	6.95760	08:56 AM
25	ARS	873.72900	873.73800	873.73788	873.72948	08:56 AM
26	BDT	108.01100	111.36500	111.36523	108.01142	07:19 AM
27	BHD	0.37703	0.37708	0.37708	0.37703	05:56 PM
28	BRL	5.13590	5.13890	5.13890	5.13590	08:56 AM
29	KRW	1,375.61000	1,376.90000	1,376.90000	1,375.61000	08:56 AM
30	KWD	0.30789	0.30799	0.30799	0.30789	05:56 PM
31	LKR	292.57900	299.10100	299.10051	292.57908	07:19 AM
32	OMR	0.38498	0.38503	0.38503	0.38498	05:56 PM
33	QAR	3.64600	3.64800	3.64800	3.64600	05:55 PM
34	RUB	92.27000	92.29000	92.29000	92.27000	08:00 PM
35	AFN	71.15810	73.02130	73.02133	71.15807	07:19 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:54 AM
37	TMT	3.35000	3.65000	3.65000	3.35000	08:00 PM
38	MVR	15.26000	15.66000	15.66000	15.26000	08:00 PM
39	UZS	12,600.10000	12,665.30000	12,665.30340	12,600.09037	07:19 AM
40	PHP	57.65000	57.72200	57.72200	57.65000	08:56 AM
42	NGN	1,305.72000	1,306.72000	1,306.72000	1,305.72000	07:26 AM
43	KES	134.00000	136.00000	136.00000	134.00000	08:19 AM
44	AMD	388.08000	388.08000	388.08000	388.08000	08:16 AM
45	TWD	32.57700	32.57800	32.57800	32.57700	08:56 AM
46	XAU	2,343.71000	2,344.11000	2,344.11000	2,343.71000	08:55 AM
47	XAG	27.51220	27.52080	27.52080	27.51220	08:55 AM
48	XPT	914.72900	921.36000	921.36000	914.72900	05:56 PM
49	XPD	974.75000	979.75000	979.75000	974.75000	05:56 PM
2,120	VES	36.33200	36.42320	36.42315	36.33204	08:00 PM
2,212	UGX	3,770.25000	3,854.09000	3,854.09049	3,770.24515	07:19 AM
2,213	TZS	2,589.99000	2,590.01000	2,590.01500	2,589.98500	06:47 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	72,862.41	72,742.748	71,764.18	771.347	1.072	302,352,233.0	14,307,377,262.460	26/04/2024 05:12 PM
ALLSHR	47,721.89	47,489.465	47,040.09	314.510	0.667	540,778,150.0	22,562,380,076.020	26/04/2024 05:12 PM
KSE30	24,069.72	24,033.869	23,676.59	284.824	1.199	79,764,833.0	9,454,683,795.040	26/04/2024 05:12 PM
KMI30	122,624.63	122,414.850	120,539.93	1,511.894	1.251	130,473,781.0	8,715,975,575.960	26/04/2024 05:12 PM
KMIALLSHR	34,120.82	34,003.274	33,623.23	303.834	0.902	336,036,323.0	17,261,793,362.150	26/04/2024 05:12 PM
BKTi	18,098.00	18,061.700	17,783.46	189.341	1.059	12,829,416.0	1,502,941,695.300	26/04/2024 05:12 PM
OGTi	17,165.47	17,018.023	16,915.39	-13.038	-0.077	13,158,963.0	1,843,356,910.500	26/04/2024 05:12 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	64,915.0	65,390.0	64,510.0	-355.00
BRENT CRUDE	EB	89.7	89.8	89.0	0.65
RICHARDS BAY COAL MONTHLY	EF	105.5	0.0	0.0	-0.70
ROTTERDAM COAL MONTHLY	ET	118.5	0.0	0.0	-0.05
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	84.2	84.5	83.6	0.65
SUGAR #11 WORLD	SB	19.5	19.6	19.0	0.35

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