Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Pakistan registers $3.6bn in remittances for July 2026

The inflow of overseas workers’ remittances into Pakistan stood at $3.631 billion in July 2026, the State Bank of Pakistan (SBP) data showed on Monday. In terms of growth, remittances increased by 4.5% on a month-on-month basis and 13% on a year-on-year basis. Overseas workers’ remittances to Pakistan increased by 9% to $41.6 billion during Jul-June FY26 , up from $38.3 billion in the previous…

Pakistan registers $3.6bn in remittances for July 2026

In July 2026, Pakistan received $3.631 billion in remittances from overseas workers, according to data from the State Bank of Pakistan. The inflow of these funds saw a 4.5% increase compared to the previous month and a 13% rise compared to the same period last year. Overall, remittances to Pakistan grew by 9% in the July-June FY26 period, reaching $41.6 billion, up from $38.3 billion in the previous fiscal year.

The UK emerged as one of the leading destinations for Pakistani remittances in July 2026, with overseas Pakistanis sending $555 million to the country. This represented a 23% increase compared to the same month in the previous year. The United States also saw a rise in remittances, with overseas Pakistanis contributing $317 million in July, marking a 7% increase from $296 million in June.

Saudi Arabia remained the largest source of remittances for Pakistan in July 2026, with overseas Pakistanis sending $914 million to the country. This figure was up 11% compared to the $824 million sent by expatriates in July 2025 and 10% higher than the $830 million sent in June 2026.

Remittances from the United Arab Emirates also contributed significantly to Pakistan's finances in July, with overseas Pakistanis sending $737 million to the country, a 11% increase on a yearly basis. However, on a monthly basis, remittances from the UAE declined by 7%, dropping from $792 million in June 2026.

European Union (EU) countries sent $462 million in remittances to Pakistan in July, marking an 11% increase on a monthly basis from $415 million in June.

Written by urgent.news from Business Recorder's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at brecorder.com →

More in Finance & Markets

Bank of Korea Extends Bond Issuance Period

The Bank of Korea will completely overhaul the detailed operational methods of Monetary Stabilization Bonds to increase liquidity in the secondary market and strengthen the reserve requirement…

  • Bank of Korea revamps Monetary Stabilization Bonds.
  • 1-year bond issuance period extended from 2 to 3 months.
  • Early buyback system implemented twice monthly.

More from Monday 10 August →