Karachi, November 10, 2016 (PPI-OT): Overseas Pakistani workers remitted US $ 6258.06 million in first four months (July to October) of FY17, compared with US $ 6507.02 million received during the same period in the preceding year. During October 2016, the inflow of worker’s remittances amounted to US$ 1559.75 million, which is 3.1% lower than September 2016 and 1.2% higher than October 2015.
The country wise details for the month of October 2016 show that inflows from Saudi Arabia, UAE, USA, UK, GCC countries (including Bahrain, Kuwait, Qatar and Oman) and EU countries amounted to US $ 470.17 million, US $ 358.38 million, US $ 183.19 million, US $ 173.38 million, US $ 183.13 million and US $ 35.35 million respectively compared with the inflow of US $ 464.53 million, US $ 367.38 million, US $ 188.98 million, US $ 197.96 million, US $ 178.09 million and US $ 31.56 million respectively in October 2015. Remittances received from Norway, Switzerland, Australia, Canada, Japan and other countries during October 2016 amounted to US $156.15 million together as against US $112.71 million received in October 2015.
For more information, contact:
State Bank of Pakistan (SBP)
I.I. Chundrigar Road, Karachi, Pakistan
Fax: +92-21-39212433 – 39212436