Updated at: 0805 PST, Wednesday, August 13, 2008
KARACHI: Pakistani workers remitted a record amount of 627.21 million dollars during July 2008 as against 495.69 million dollars in the same month of last fiscal year , showing a jump of 131.52 million dollars or 26.53%.
The amount of $ 627.21 million includes $ 0.05 million received through encashment and profit earned on Foreign Exchange Bearer Certificates (FEBCs) and Foreign Currency Bearer Certificates (FCBCs) , says a statement issued by State Bank of Pakistan here on Tuesday.
The previous highest amount remitted in a single month by Pakistani workers was recorded in March 2008 when an amount of 602.21 million dollars was received in the country. [Read more]
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