Remittances sent home by overseas Pakistanis continued to show rising trend as $6,118 million was received in first seven months (July- January) of current fiscal year 2010-11, showing increase of $919.92 million or 17.70% when compared with $5,198.08 million received over same period of last fiscal, State Bank of Pakistan said Thursday.

Inflow of remittances in July-January, 2011 from UAE, Saudi Arabia, USA, GCC states (including Bahrain, Kuwait, Qatar & Oman), UK and EU countries amounted to $1,437.05 million, $1,353.40 million, $1,145.71 million, $721.47 million, $669.70 million and $195.66 million respectively as compared to $1,180.24 million, $999.41 million, $1,061.89 million, $737.72 million, $550.35 million and $157.93 million respectively in July- January, 2010 period.

Copyright Business Recorder, 2011