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Remittances increase by 7pc in October

State Bank said that remittances increased by 7 percent month-on-month in October

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Remittances increase by 7pc in October

Karachi: According to the State Bank of Pakistan (SBP), a large surplus of $350 million was achieved in October.

The State Bank said that remittances increased by 7 percent month-on-month in October and remittances increased by 24 percent year-on-year.

On the other hand, crude oil prices in the global market are stable with little change, where Brent crude oil is at $71 and WTI is at $67 per barrel.

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