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Pakistan's remittances



Pakistan allows forex companies short-term forward deals in bid to boost remittances

  • A forward sale is an agreement to sell an asset at a specified price on a set date, allowing parties to mitigate risks of future price fluctuations
  • Exchange Companies Association of Pakistan appreciates the move, saying it will strengthen remittance channels, improve liquidity management
By Ismail Dilawar ·

Saudi Arabia leads Pakistan’s foreign remittances for January as inflows surge by 15.4%

By Ismail Dilawar ·

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