Pakistan, April 3 -- Pakistan's remittance inflows are expected to surpass $3.5 billion in March, marking a 15% increase from February. This surge is largely attributed to increased remittances sent during Ramazan. Financial experts highlight that this rise has eased pressure on Pakistan's external payments and helped stabilize the country's exchange rate, providing much-needed relief to its economy.
General Secretary of the Exchange Companies Association of Pakistan (ECAP), reported that exchange companies sold around $450 million to banks in March. This represents a sharp increase from February and the same month last year. With over $3.5 billion expected for March, this is a significant jump from the $3.11 billion recorded in February...
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