Workers’ remittances cross $3bn mark in April

MG News | May 13, 2022 at 11:41 AM GMT+05:00

0:00

May 13, 2022 (MLN): Remittances crossed the monthly mark of $3 billion for the first time. Cumulatively, at $26.1bn, remittances grew by 7.6 % in the 10MFY22 to stand at $26bn compared to $24.22bn in 10MFY21, the latest data issued by SBP showed today.

In terms of growth, during April 2022, remittances increased by 11.20% MoM and 11.90% YoY as Pakistan received $2.81bn worth of remittances in the previous month and $2.79bn in April 2021.

Country-wise remittances inflows during April 2022 were mainly sourced from Saudi Arabia ($707 million), United Arab Emirates ($614 million), United Kingdom ($484 million), and United States of America ($345 million).

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	167,642.28 291.89M	-0.25% -419.92
ALLSHR	101,179.88 772.85M	-0.01% -5.31
KSE30	51,000.17 132.20M	-0.41% -209.51
KMI30	240,508.51 109.07M	-0.51% -1236.96
KMIALLSHR	65,986.51 342.54M	-0.22% -146.91
BKTi	45,434.36 43.62M	0.11% 51.23
OGTi	32,945.97 16.91M	-1.30% -432.38

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	88,650.00	88,880.00 86,500.00	2890.00 3.37%
BRENT CRUDE	62.73	63.35 62.69	-0.44 -0.70%
RICHARDS BAY COAL MONTHLY	91.00	0.00 0.00	1.10 1.22%
ROTTERDAM COAL MONTHLY	98.25	98.25 96.45	0.70 0.72%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	58.89	59.67 58.85	-0.43 -0.72%
SUGAR #11 WORLD	14.91	14.92 14.72	0.15 1.02%