Workers’ remittances rise to $18bn in 7MFY22

By MG News | February 11, 2022 at 07:28 PM GMT+05:00

0:00

February 11, 2022 (MLN): Workers’ remittances rose to $18 billion during 7MFY22 which was 9.1% higher than the same period last year, Central Bank data showed on Friday.

In January 2022, remittances moderated to $2.14 when compared to $2.52 in December 2021 due to seasonality but remained above the $2bn threshold for the 20th consecutive month.

While, on yearly basis, remittances declined by 5% compared to January 2021, partly reflecting an easing of travel restrictions.

Remittance inflows during January 2022 were mainly sourced from Saudi Arabia ($540 million), United Arab Emirates ($374mn), United Kingdom ($320mn) and United States of America ($208mn).

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	130,496.48 175.71M	0.12% 152.45
ALLSHR	81,136.18 568.98M	0.14% 112.19
KSE30	39,914.56 69.36M	0.02% 6.30
KMI30	190,106.17 86.36M	0.30% 571.17
KMIALLSHR	54,896.88 294.24M	0.21% 113.22
BKTi	34,753.76 18.34M	-0.54% -186.97
OGTi	28,508.27 12.40M	0.75% 212.21

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	109,860.00	110,195.00 109,200.00	-425.00 -0.39%
BRENT CRUDE	68.47	69.00 68.41	-0.64 -0.93%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	0.75 0.78%
ROTTERDAM COAL MONTHLY	109.20	0.00 0.00	0.20 0.18%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.79	67.50 66.73	-0.66 -0.98%
SUGAR #11 WORLD	15.56	15.97 15.44	-0.14 -0.89%