Pakistan Records Historical High as Monthly Remittances Soar to Four Point Two Billion Dollars in May
The State Bank of Pakistan reports a monumental milestone with monthly workers remittances peaking at a record four point two five billion dollars in May.
DIB Pakistan and Pocket Money Partner to Revolutionize US Dollar Cashouts for Freelancers
Dubai Islamic Bank Pakistan and Pocket Money launch a regulated US Dollar to Rupee cashout service to support freelancers and international home remittance flows.
MCB Bank Announces Strong First Quarter 2026 Results with Significant Profit Growth and Dividend Declaration
MCB Bank Limited reports a profit before tax of Rs 26.7 billion for the first quarter of 2026 highlighting resilient net interest income and robust digital banking growth.
State Bank of Pakistan Introduce Forward Sale Transactions for Exchange Companies to Boost Remittances
The State Bank of Pakistan now allows exchange companies to enter short term forward sale transactions for 5 days to stabilize liquidity and enhance formal remittance inflows.
State Bank of Pakistan Permits Short Term Forward Sale Transactions for Exchange Companies
The State Bank of Pakistan introduces a five day forward sale mechanism for exchange companies to stabilize remittance inflows and manage currency risk.