March Remittances increase by 22.24 percent to reach $ 1.772 billion
By MG News | April 10, 2018 at 04:44 PM GMT+05:00
According to data released by the State Bank of Pakistan, inflow of remittances during the month of March jumped by 22.24 percent reaching $ 1.772 billion up from $1.450 billion in February, 2018.
| Month on Month % Change – Remittances | |||
|---|---|---|---|
| Country | March, 2018 | February, 2018 | % Change |
| USA | 236.17 | 207.27 | 13.94% |
| UK | 244.20 | 201.01 | 21.49% |
| Saudi Arabia | 427.62 | 348.31 | 22.77% |
| UAE | 420.24 | 332.18 | 26.51% |
| Other GCC Countries | 183.79 | 149.40 | 23.02% |
| EU | 58.89 | 48.65 | 21.05% |
| Malaysia | 116.09 | 94.24 | 23.19% |
| Total | 1,772.77 | 1,450.17 | 22.25% |
Year on year, the remittances jumped up by more than 4.6 percent up from $1.694 billion against March last year.
| Year on Year % Change – Remittances | |||
|---|---|---|---|
| Country | March, 2018 | March, 2017 | % Change |
| USA | 236.17 | 213.42 | 10.66% |
| UK | 244.20 | 209.14 | 16.76% |
| Saudi Arabia | 427.62 | 504.61 | -15.26% |
| UAE | 420.24 | 362.94 | 15.79% |
| Other GCC Countries | 183.79 | 197.21 | -6.80% |
| EU | 58.89 | 38.85 | 51.58% |
| Malaysia | 116.09 | 90.26 | 28.62% |
| Total | 1,772.77 | 1,694.49 | 4.62% |
During the cumulative period of first three quarters of fiscal year 2018 total remittances reached a sum of $ 14.105 billion up by 3.55 percent against $ 14.387 billion during the first nine months of fiscal year 2017.
| (July – March) Year on Year % Change – Remittances | |||
|---|---|---|---|
|
| July – March Amount | YOY Growth | |
| Country | FY ‘18 | FY ‘17 | FY ‘18 |
| USA | 1,948.00 | 1,738.84 | 12.03% |
| UK | 2,030.62 | 1,658.34 | 22.45% |
| Saudi Arabia | 3,690.57 | 4,078.11 | -9.50% |
| UAE | 3,264.73 | 3,143.21 | 3.87% |
| Other GCC Countries | 1,648.13 | 1,707.46 | -3.47% |
| EU | 478.89 | 332.63 | 43.97% |
| Malaysia | 820.30 | 799.03 | 2.66% |
| Total | 14,606.41 | 14,105.03 | 3.55% |
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 131,949.07 198.95M |
0.97% 1262.41 |
| ALLSHR | 82,069.26 730.83M |
0.94% 764.01 |
| KSE30 | 40,387.76 80.88M |
1.11% 442.31 |
| KMI30 | 191,376.82 77.76M |
0.36% 678.77 |
| KMIALLSHR | 55,193.97 350.11M |
0.22% 119.82 |
| BKTi | 35,828.25 28.42M |
3.64% 1259.85 |
| OGTi | 28,446.34 6.84M |
-1.02% -293.01 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 108,125.00 | 110,525.00 107,865.00 |
-2290.00 -2.07% |
| BRENT CRUDE | 68.51 | 68.89 67.75 |
-0.29 -0.42% |
| RICHARDS BAY COAL MONTHLY | 97.50 | 0.00 0.00 |
0.75 0.78% |
| ROTTERDAM COAL MONTHLY | 106.00 | 106.00 105.85 |
-2.20 -2.03% |
| USD RBD PALM OLEIN | 998.50 | 998.50 998.50 |
0.00 0.00% |
| CRUDE OIL - WTI | 66.50 | 67.18 66.04 |
-0.50 -0.75% |
| SUGAR #11 WORLD | 16.37 | 16.40 15.44 |
0.79 5.07% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Central Government Debt
CPI
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|