KARACHI: The State Bank of Pakistan (SBP) has released data on remittances for the current fiscal year.
According to the central bank, workers’ remittances in November 2025 totaled $3.18 billion, marking a 7% decline compared to October 2025, but 9% higher than November 2024.
In November 2025, $753 million were sent from Saudi Arabia and $675 million from the United Arab Emirates (UAE). Over the first five months of the fiscal year, Saudi Arabia contributed $3.9 billion in remittances.
During the initial five months of the fiscal year (July–November 2025), total remittances reached $16.14 billion, reflecting a 9% increase over the same period in the previous fiscal year.
Other key contributors included the UAE ($3.36 billion), the UK ($2.34 billion), and the USA ($1.38 billion) over the five-month period.
Earlier, Pakistan’s liquid foreign reserves stood at $19,588.5 million as of November 28, 2025.
Foreign reserves held by the central bank stood at $14,574.8 million. Net foreign reserves held by the commercial banks stood at $5,013.7 million as of November 28, 2025, according to the data shared by the State Bank of Pakistan (SBP) on Thursday.
During the week ending November 28, 2025, the State Bank of Pakistan’s (SBP) foreign reserves rose by $14 million, reaching $14,574.8 million. The previous week, reserves had increased by $9 million to $14,560.7 million. Two weeks earlier, reserves grew by $27 million to $14,551.5 million, and three weeks back, they increased by $22 million to $14,524.6 million.
