Remittances & External Position: Resilient Inflows Support Sovereign Rupee Stability

Remittance Flows Cushion FX Reserves

Expatriate worker remittances sent through official banking channels sustained healthy run-rates of over $2.7 billion monthly, providing crucial support to Pakistan's external balance sheet.

Economic Implications

1. Rupee Stability: The Pakistani Rupee (PKR) has maintained an orderly range against the US Dollar in interbank trade.
2. Import Cover Buffer: SBP liquid foreign exchange reserves remained insulated as external obligations were met without drawdown stress.
3. Structural Reforms Dialogue: Transparent FX inflows improve negotiations with multilateral lenders regarding extended structural financing arrangements.