• Download the Constitution of Pakistan
  • Advertise
Tuesday, June 24, 2025
  • Login
NEWSLETTER
ECONOMY
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
ECONOMY
No Result
View All Result
Home Business

Remittances from the US rise 3% in the first eight months of FY23

by News Publishing
March 27, 2023
in Business
Reading Time: 1 min read
0
Remittances from the US rise 3% in the first eight months of FY23
Share on FacebookShare on TwitterLinkedinWhatsapp

The first eight months of the current fiscal year have seen a 3% yearly growth in remittances from Pakistanis working in the US.

The State Bank of Pakistan said that between July 2022 and February 2023, Pakistanis working in the United States sent $1.973 billion in foreign currency home. The sum is 3% higher than it was at the same time period the prior fiscal year.

The American-Pakistanis sent the nation $1.917 billion in foreign currency over the time period under review from the previous fiscal year. The amount of remittances from the US in February totaled $219 million, which is 4% greater than what was sent in the same month last year.

The amount of remittances from America in February of previous year was estimated at $211 million. Remittances from the US increased by 3% month over month in February compared to January.

The amount of foreign currency remitted to Pakistan by Pakistanis residing and working in the US grew to $219 million in February from $214 million in January.

Tags: foreign currencylatestremittancesState Bank of Pakistan
News Publishing

News Publishing

Related Posts

Govt Eyes $3.3 Billion in Foreign Loans From Chinese Banks

Govt Eyes $3.3 Billion in Foreign Loans From Chinese Banks

by News Publishing
June 24, 2025
0

The Government of Pakistan is working on securing two foreign loans totaling $3.3 billion from Chinese financial institutions, aimed at...

PSX stumbles over geopolitical tensions, oil price surge

PSX stumbles over geopolitical tensions, oil price surge

by News Publishing
June 23, 2025
0

The Pakistan Stock Exchange (PSX) came under significant pressure on Monday as heightened geopolitical tensions and a sharp rise in...

PM directs to acquire ships on lease to enhance fleet of PNSC

PM directs to acquire ships on lease to enhance fleet of PNSC

by News Publishing
June 20, 2025
0

Prime Minister Muhammad Shehbaz Sharif has directed the authorities concerned to acquire ships on lease to enhance fleet of Pakistan...

Sindh Unveils Budget 2025-26 with Pay and Pension Increases

Sindh Unveils Budget 2025-26 with Pay and Pension Increases

by Haris Ali
June 13, 2025
0

On June 13, 2025, the Sindh government unveiled the Budget 2025-26, announcing a series of financial relief initiatives for its...

Passenger Car Sales Surge Over 32% in Eleven Months

Passenger Car Sales Surge Over 32% in Eleven Months

by Haris Ali
June 13, 2025
0

In Pakistan, passenger car sales have increased by more than 32 percent, reaching 94,388 units in the first eleven months...

Pakistan, UAE Leaders Vow Stronger Cooperation in Pursuit of Peace and Stability

Pakistan, UAE Leaders Vow Stronger Cooperation in Pursuit of Peace and Stability

by Haris Ali
June 13, 2025
0

Pakistan and the United Arab Emirates (UAE) reaffirmed their commitment to close coordination and cooperation in pursuit of regional peace...

Next Post
No one should leave empty-handed Says PM Shehbaz Sharif

No one should leave empty-handed Says PM Shehbaz Sharif

About Us

Economy.pk is a source of economic, political, business, finance, health and sports updates.

Important Categories

  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin
  • YouTube
  • Linkedin
  • TikTok
  • WhatsApp
  • About
  • Advertise
  • Careers
  • Contact

© 2024 Economy.pk - Web Development by Digital Otters

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

© 2024 Economy.pk - Web Development by Digital Otters