Sign in Subscribe
  • E-Papers
    • Profit Magazine
    • Pakistan Today
  • Headlines
  • Featured
  • Opinion
    • Comment
    • Editorial
  • Tech
    • Artificial Intelligence
  • World
  • Satire
Sign in
Welcome!Log into your account
Forgot your password?
Create an account
Sign up
Welcome!Register for an account
A password will be e-mailed to you.
Password recovery
Recover your password
Search
Sign inSubscribe
Profit Profit by Pakistan Today
Profit Profit
  • E-Papers
    • Profit Magazine
    • Pakistan Today
  • Headlines
    • Headlines

      MG enters Pakistan’s pickup market with luxury U9 model

      Headlines

      Pakistan activates SEA-ME-WE 6 cable to boost international internet capacity

      Headlines

      Pakistan’s cement export earnings hit 11-year high despite sharp fall in…

      Headlines

      PM reviews railways reform push as digital upgrades, outsourcing and new…

      Headlines

      Pakistan raises ethanol, basmati GI concerns in talks with Netherlands as…

  • Featured
    • Cover story

      Who is buying Lotte Chemicals?

      Editor’s picks

      The art of thriving in a survival economy

      Editor’s picks

      Millions on the line: inside startup MedIQ’s largest private AI investment…

      News Analysis (Premium Content)

      The formalized leverage market protecting from a contagion

      Banking

      How Did Meezan Become So Big?

  • Opinion
    • AllCommentEditorial
      Comment

      Pakistan’s economic gridlock: Why ignoring the SME sector keeps the economy…

      Comment

      Can our economic policymakers find a way to wargame?

      Comment

      Pakistan’s high-stakes crypto experiment

      Comment

      Do Pakistani businesses know how to diversify their business portfolios?

  • Tech
    • AllArtificial Intelligence
      Artificial Intelligence

      Google launches Gemini 3, embeds AI model into search engine immediately

      Tech

      Meta defeats antitrust case over Instagram, WhatsApp acquisitions

      Tech

      Cloudflare restores services after outage impacts thousands of internet users

      Tech

      Oracle’s $300bn OpenAI deal sparks investor unease as stock sheds $315bn

  • World
  • Satire

Overseas Pakistani’s remit $12.774 billion in first seven months of FY19

During January 2019, the inflow of workers’ remittances amounted to $1743.25 million, which is 0.3% lower than December 2018 and 6.4% higher than January 2018

By
Staff Report
-
11/02/2019
0
344
Facebook
Twitter
Linkedin
WhatsApp
Email

    LAHORE: Overseas Pakistani workers remitted US$ 12774.02 million during the first seven months (July-January) of FY19 compared to $11383.47 million received during the same period in the preceding year.

    During January 2019, the inflow of workers’ remittances amounted to $1743.25 million, which is 0.3% lower than December 2018 and 6.4% higher than January 2018.

    The country-wise details for the month of January 2019 show that inflows from Saudi Arabia, UAE, USA, UK, GCC countries (including Bahrain, Kuwait, Qatar and Oman) and EU countries amounted to US$ 403.92 million, $352.12 million, $272.32 million, $295.13 million, $166.50 million and $42.89 million respectively compared with the inflow of $383.91 million, $351.58 million, $223.94 million, $235.10 million, $186.33 million and $56.4 million respectively in January 2018.

    Remittances received from Malaysia, Norway, Switzerland, Australia, Canada, Japan and other countries during January 2019 amounted to $210.36 million together as against $201.46 million received in January 2018.

    • TAGS
    • current account deficit
    • Overseas remittances
    • State Bank of Pakistan (SBP)
    Facebook
    Twitter
    Linkedin
    WhatsApp
    Email
      Staff Report

      RELATED ARTICLESMORE FROM AUTHOR

      Banking

      As inflationary pressures subside, is a rate cut on the horizon?

      Headlines

      SBP acquires $2bn from interbank market to maintain reserves

      Headlines

      Current account deficit narrows by 91% in October, stands at $74m

      Whatsapp Newsletter
      Email Newsletter News Tips
      Profit by Pakistan Today
      Publishing Editor: Babar Nizami -- Editor Multimedia: Umar Aziz Khan -- Senior Editor: Abdullah Niazi -- Editorial Consultant: Ahtasam Ahmad -- Business Reporters: Taimoor Hassan | Shahab Omer l Zain Naeem | Shahnawaz Ali | Ghulam Abbass | Ahmad Ahmadani | Aziz Buneri -- Sub-Editor: Saddam Hussain -- Video Producer: Talha Farooqi -- Director Marketing : Mudassir Alam | Regional Heads of Marketing: Agha Anwer (Khi) | Kamal Rizvi (Lhe) | Malik Israr (Isb ) -- Manager Subscriptions: Irfan Farooq -- Pakistan’s #1 business magazine - your go-to source for business, economic and financial news.
      Contact us: [email protected]
      • Privacy policy
      Copyright © 2025. Pakistan Today. All Rights Reserved.