Pakistan remittances Archives

Pakistan remittances

akistan current account surplus in May 2026 reaching 459 million dollars per SBP data, reversing April's 276 million dollar deficit

Pakistan Posts $459 Million Current Account Surplus in May

Nayab Fatima2026-06-17

According to SBP figures, there is a remarkable shift from a deficit of $276 million in April to a surplus of $459 million in May 2026 due to record remittances totaling $4.25 billion along with minor improvements in exports, while foreign exchange reserves increase 49% to reach $17.27 billion. The balance of payments showed a ... Read more

Pakistan Remittances May 2026 hit a record $4.3 billion as overseas Pakistanis increased remittance inflows through formal channels.

Pakistan Remittances Hit Record $4.3 Billion in May, Set to Cross $41 Billion for First Time

Faraz Ali Ansari2026-06-10

KARACHI: In a landmark feat, overseas Pakistanis transferred a record-high amount of remittances worth US$ 4.251 billion in May 2026, the highest ever recorded monthly transfer in the economic history of Pakistan, according to information provided by the State Bank of Pakistan (SBP). The most recent figures have served to confirm that the contributions made ... Read more

Pakistan remittances FY26 hit record $34 billion driven by overseas Pakistanis in Saudi Arabia and UAE

Economy Gets Massive Lifeline as Overseas Pakistanis Send Record $34 Billion in Remittances

Focus Pakistan2026-05-12

ISLAMABAD: Pakistan remittances FY26 surged to a record $33.9 billion during the first ten months of the fiscal year, giving the country a major economic boost amid persistent external financing pressures. According to the State Bank of Pakistan, overseas Pakistanis sent home $2.7 billion more compared to the same period last year.. The single month ... Read more

SBP Allows Exchange Firms to Lock Dollar Rates

Focus Pakistan2026-04-13

KARACHI: The State Bank of Pakistan has launched a new forward rate facility under the amended remittance policy, which enables exchange firms to Lock Dollar Rates for short periods to avoid risks associated with fluctuations in currency value and enhance forex availability. Under the new system, exchange companies will be able to make forward sales ... Read more