Month-on-month, the FDI edged lower by $2m or 1.75pc from July’s figure of $114.3m.
24.4pc jump from August last year, but 24pc fall from July.
Banks will ensure that Data Security and Privacy Assurance Statements are displayed appropriately, says SBP.
Bankers say the dollar has been on a downward trajectory due to increase in supply by the exporters.
The amount was 23 per cent higher than $9.645bn paid in 2018-19.
“Strong turnaround is due to continued recovery in exports and record high remittances,” says SBP.
PM welcomes "good news" for economy.
Inflow of dollars has improved after the declining number of new cases in the country.
Persistently low oil income of Saudi Arabia and shocks to the UAE economy have put jobs of overseas Pakistanis at risk.
Fuel price hike to drive inflation, though not beyond forecast range.
Fall in imports helped govt narrow trade deficit — major driver behind large current account deficit booked in FY18 and FY19.
Currency dealers in the interbank market say the dollar traded as high as Rs168.70, closed at Rs168.30.
Rupee continues to remain under pressure despite Pakistan receiving record $23 billion remittances in FY20.
Inflows in entire FY20 witness 88pc increase.
Central bank says mortgage loans were made mandatory under the Section 25 of Banking Companies Ordinance, 1962.
June sees 51pc increase; major chunk of the workers’ remittances were from Saudi Arabia at $619.4 million.
Weighted contribution of food group in the overall urban CPI inflation increased to 52.2pc during May from 48.3pc in April.
Bank investments jumped 40pc as advances crept up by 1.2pc.
Foreign investment in the country’s T-bills peaked in March before Covid-19 shock caused abrupt outflows.
Currency dealers say it's shocking that the dollar depreciated by Rs1.17 in a single session.