Pakistan Receives USD 1.79 Billion Remittances in May 2016

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According to figures released by the central Bank, Pakistan received USD 1,799.39 Million in worker remittances during the month of May 2016, compared to USD 1,656.85 (+142.54m or 8.6%)  Million in April and USD 1,663.32 (+136.07m or 8.18%) Million in May 2015.

From July 2015 to May 2016 Remittances amounted to USD 17,841.63m compared to USD 16,898.32m (+943.31m or 5.58%) from the corresponding period FY14-15.

PKR closed Friday’s trading session at 104.22/24 gaining 18 Paisa. During the week it appreciated by 40 Paisa.

Posted on: 2016-06-10T13:16:00+05:00

$2.88 billion

Pakistan's merchandise trade deficit for the month of November

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