Workers’ remittances drops by 23.74% YoY to $2.1bn in August

News Image

MG News | September 11, 2023 at 03:57 PM GMT+05:00

0:00

September 11, 2023 (MLN): Workers' remittances have decreased by 23.74% YoY in August to $2.09 billion, compared to $2.74bn in the same month of last year, the latest data issued by SBP revealed today.

Meanwhile, on a monthly basis, workers' remittances inched up by 3.15% MoM as compared to $2.03bn in July.

The inflows mainly came from Saudi Arabia, the United Arab Emirates, the United Kingdom, and the United States of America, with Saudi Arabia being the largest contributor at $490.1 million.

While on a cumulative basis, in 2MFY24, the total remittances stood at $4.12bn as compared to $5.26bn worth of inflows received in 2MFY23, depicting a fall of 21.57% YoY.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 167,249.35
85.36M
-0.06%
-97.49
ALLSHR 101,495.91
180.81M
-0.09%
-89.79
KSE30 51,092.82
15.89M
-0.20%
-100.25
KMI30 241,511.01
7.42M
-0.10%
-231.79
KMIALLSHR 66,649.44
93.36M
-0.08%
-54.84
BKTi 48,107.45
10.65M
-0.17%
-80.44
OGTi 32,501.46
0.90M
-0.47%
-152.40
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,640.00 111,065.00
108,115.00
-3465.00
-3.09%
BRENT CRUDE 62.31 62.47
61.38
0.99
1.61%
RICHARDS BAY COAL MONTHLY 80.50 0.00
0.00
-1.10
-1.35%
ROTTERDAM COAL MONTHLY 92.75 0.00
0.00
0.00
0.00%
USD RBD PALM OLEIN 1,085.00 1,085.00
1,085.00
0.00
0.00%
CRUDE OIL - WTI 58.22 58.38
57.34
0.98
1.71%
SUGAR #11 WORLD 15.24 15.82
15.10
-0.48
-3.05%

Chart of the Day


Latest News
October 22, 2025 at 09:37 AM GMT+05:00

IGI Holdings eyes complete acquisition of Akzo Nobel Pakistan


October 22, 2025 at 09:34 AM GMT+05:00

NBP issues foreign exchange rates


October 22, 2025 at 09:24 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg