+923218400111
ROOM NO 214, 2ND FLOOR, LSE PLAZA, 19-KHYABAN-E-AIWAN-E-IQBAL, LAHORE
accounts@bspl.com.pk

Are you ready to change the game? Find Out More

Pakistan receives $3.4bn remittances in October
Home » BUISNESS  »  Pakistan receives $3.4bn remittances in October

A person shows US dollars at a currency exchange store in Manila, Philippines, October 21, 2022. — Reuters
A person shows US dollars at a currency exchange store in Manila, Philippines, October 21, 2022. — Reuters

ISLAMABAD: The State Bank of Pakistan (SBP) said on Friday that Pakistan received remittances worth $3.4 billion in October 2025, marking an increase of 12% year-on-year and 7% month-on-month.

In a statement, the central bank said that the cumulative inflow during July-October FY26 reached $13 billion, up 9.3% from $11.9 billion recorded in the same period last year.

Remittances in October were mainly sourced from Saudi Arabia ($820.9 million), the United Arab Emirates ($697.7 million), the United Kingdom ($487.7 million), and the United States ($290 million), the SBP added.

Prime Minister Shehbaz Sharif lauded overseas Pakistanis for their contributions, saying the consistent rise in remittances reflected their trust in the government’s policies.

“Overseas Pakistanis are our invaluable assets, serving the nation by sending their hard-earned money,” the premier said in a statement issued on Friday.

He expressed hope that the positive trend would continue, helping stabilise Pakistan’s external account and strengthening foreign exchange reserves.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Public Notice

Beware of Fraudulent Schemes Misusing the Name of Bridge Securities Pvt. Ltd

Fraudulent individuals and entities may misuse the identity of Bridge Securities Pvt. Ltd or falsely impersonate its directors or executives to deceive the public through unauthorized communication channels, fake profiles, and misleading information.

We strongly advise our clients and the general public to exercise caution and remain vigilant against such scams.

Please note:

  • Bridge Securities Pvt. Ltd has no affiliation with any unofficial pages, profiles, apps, or WhatsApp numbers.
  • We never request OTPs, personal information, funds, or investments through unofficial platforms.
  • All communication from Bridge Securities Pvt. Ltd is conducted only through our official phone numbers, website, email, social media handles through official representatives.

For your safety:

  • Always verify the authenticity of any communication before engaging.
  • Make sure that you are dealing with licensed entities and registered professionals by conducting research from the PSX and SECP websites.
  • Regularly visit SECP, PSX, CDC, and NCCPL websites for authentic updates.
  • Transact only through official banking channels linked to licensed brokers.
  • In case of any ambiguity it is recommended to contact and verify the information through our official representatives.

Official Channels:

  • Website: www.bspl.com.pk
  • Email: accounts@bspl.com.pk
  • Social Media: Not Available
  • Helpline: 0321-8400111

Shareholder Agahi – Your Gateway to Shareholder Insights

Pakistan’s first comprehensive platform, developed by PICG and CDC, dedicated to enhancing shareholder awareness and empowerment.

Discover Shareholder Agahi- Your one-stop hub for real-time shareholder updates, rights, and governance insights. Empower yourself with accurate information.Explore the portal: https://www.shareholderagahi.com/ Watch the tutorial (Urdu): https://www.youtube.com/watch?v=O7iCRiKJ37A

This will close in 20 seconds