Remittances cool to $3.6b in Sept

According to The Express Tribune, workers' remittances fell 1.9% from August to $3.59 billion in September, based on State Bank of Pakistan figures. Even so, the inflow was 12.7% above the $3.18 billion received a year earlier, although year-on-year growth eased from 16.5% in August.

Inflows for July to September totalled $10.88 billion, 14% higher than the $9.54 billion in the same quarter of FY26. Every month of the quarter cleared $3.5 billion, and the monthly average of $3,625 million stood above the full-year FY26 average of $3,465 million. Saudi Arabia remained the largest source at $899.1 million and was the sole major corridor that grew month on month, while remittances from the UK slid 8.6% to $515.1 million.

The UK led growth over the quarter with a 19.4% rise to $1.63 billion, the fastest among large corridors. The report noted that the UAE was almost flat in September at $748.5 million, while Europe's softness contributed to the month's dip. Remittances of $3.5 billion a month are now treated as ordinary rather than a peak.