In November, overseas Pakistanis sent foreign exchange worth $2.25 billion, which is 3.6% less than the amount sent in the same month last year.
In the first five months of the ongoing financial year, the financial volume of workers' remittances has been recorded at $11 billion. During the same period last year, the amount of remittances was $12.3 billion.
In November 2023, workers’ remittances recorded an inflow of US$2.3 billion.
— SBP (@StateBank_Pak) December 8, 2023
For details see https://t.co/rPOvn9Dr8Nhttps://t.co/7XBd4uOcHC#SBPRemittances pic.twitter.com/C9myRoSAaG
According to the State Bank of Pakistan, during November, $540 million were remitted from Saudi Arabia, $409.36 million from the UAE, $341.68 million from the UK and $261.47 million were remitted by overseas Pakistanis from the USA.
As per a State Bank report, the amount remitted from Saudi Arabia during the first five months of last fiscal year was $512 million, $380.4 million from the UAE, $306.8 million from the UK and $242.8 million.
