US dollars are counted by a banker who counts currency at a bank. —Reuters H1FY25 remittances increased 32.8% YoY Top remittance sources: Saudi Arabia, United Arab Emirates and United Kingdom. Higher incomes and digital infrastructure as drivers. Pakistan’s remittances reached $3.1 billion in December, an increase of 29.3 percent year-on-year, central bank data showed on … Read more
U.S. dollar bills are seen in this photo taken on February 12, 2018. — Reuters December exports amounted to $2.84 billion, an increase of 0.67% year-on-year. Imports climbed to $5.285 billion, registering an increase of 14% year-on-year. Monthly comparisons showed a 47% increase in the trade deficit. ISLAMABAD: Pakistan’s trade deficit reached $2.44 billion in … Read more
A trader using a calculator in this undated photo. — Reuters/File CPI inflation fell from 29.7% in December 2023. In urban areas, CPI inflation declined to 4.4% year-on-year. Rural areas also saw a reduction in year-on-year inflation to 3.6% in December. KARACHI: The inflation trajectory showed signs of easing in December 2024, although persistent underlying … Read more
South Africa 82 for 3 (Markram 47*, Shahzad 2-28) trail Pakistan 211 (Gulam 54, Paterson 5-61, Bosch 4-63) by 129 runs South Africa did to Pakistan what they always do to Pakistan at Centurion, hitting them with the ball in the second hour of the first session before bowling them out for 209. Corbin Bosch … Read more