Reaches $397m in Dec, as imports reduced to $4.09b, remittances reached $2.38b
Stability in rupee-dollar parity, crackdown on illegal networks boost numbers
Remittances are also down over 10% in current fiscal year to date
Fall 9% from $2.46b in Oct due to volatile exchange rate
Expatriates increasingly use official channels following crackdown on illegal network
Inflows dipped 24% to $2.09b in Aug as illegal networks attract more money
4.4% lower compared to the $2.19 billion recorded in April 2023
Minister says no check on $100,000 inflows
Huge chunk flows via illegal networks due to attractive exchange rates
Overseas Pakistanis sent home $2.21 billion in April