Remittances increase 21% to $2 billion

Express Tribune

 

KARACHI: Overseas Pakistani workers sent home 21% higher remittances amounting to $2 billion in October 2018 as a historic drop in the rupee’s value attracted increased flow of remittances through official channels – banks and registered currency dealers.

The overseas workers remitted $1.65 billion in October last year, according to the State Bank of Pakistan (SBP).