Karachi, 12 November 2026: Overseas Pakistanis sent home $3.89 billion in October 2026, up 13.8% from a year earlier, according to State Bank of Pakistan (SBP) data released this week. Remittances for the first four months of FY27 (July–October) reached about $14.8 billion, 14% higher than the same period last year.
Remittances in October 2026: Key Numbers
- October 2026: $3.89 billion (October 2025: $3.42 billion)
- Change from September: up 8.5% (September 2026: $3.6 billion)
- July–October FY27: $14.8 billion, up 14% from $13 billion
- SBP’s FY27 forecast: raised to $45 billion from $44 billion
Where the Money Came From
- Saudi Arabia: $982 million (up 17% year-on-year)
- UAE: $816 million (up 16%)
- UK: $592 million (up 19%)
- EU: $461 million (up 3% from September)
- USA: $329 million (up 9%)
Saudi Arabia and the UAE together sent about $1.8 billion, close to half of the month’s total. Every major corridor grew compared with October last year.
Why It Matters for the Economy
Remittances are Pakistan’s largest single source of foreign currency, bigger than any single export sector. Steady inflows help the SBP build foreign exchange reserves, support the current account and keep the rupee stable. That stability is visible in the market: the rupee closed at Rs276.62 in the interbank market on 11 November. Check today’s dollar rate in Pakistan for the latest figures. SBP Governor Jameel Ahmed’s higher full-year forecast suggests the central bank expects the trend to continue.
What This Means for You
- Families receiving money: A stable rupee means your rupee amount does not swing much from month to month. Compare what your family will receive with our remittance calculator.
- Overseas Pakistanis: Always use banks, exchange companies or apps registered with the State Bank. Hundi/hawala is illegal and risky.
- Want to invest the money? Instead of keeping it idle, compare National Savings rates and bank profit rates.
FAQs (Roman Urdu)
October 2026 mein kitni tarseelat-e-zar aayin?
State Bank ke mutabiq $3.89 arab, jo pichle saal se 13.8% zyada hain.
Sab se zyada paisa kis mulk se aaya?
Saudi Arabia se $982 million, phir UAE se $816 million.
Related: remittance calculator · Roshan Digital Account guide · SBP reserves update
Sources: State Bank of Pakistan data via Business Recorder.