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	152,201.88 337.87M	0.81% 1226.39
ALLSHR	93,333.01 1,041.78M	0.63% 582.91
KSE30	46,354.00 158.71M	0.84% 385.24
KMI30	219,250.79 236.83M	1.31% 2837.51
KMIALLSHR	62,498.40 513.98M	0.82% 508.16
BKTi	41,750.30 67.72M	-0.30% -125.00
OGTi	30,885.11 21.61M	1.32% 402.44

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	112,065.00	112,440.00 111,150.00	680.00 0.61%
BRENT CRUDE	68.03	69.24 67.76	-1.11 -1.61%
RICHARDS BAY COAL MONTHLY	89.50	0.00 0.00	-0.50 -0.56%
ROTTERDAM COAL MONTHLY	96.55	96.55 96.50	0.00 0.00%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	64.38	65.72 64.14	-1.21 -1.84%
SUGAR #11 WORLD	16.18	16.23 16.05	0.03 0.19%