Foreign Exchange

Remittances hit $2.25bn in 19 days

Inflow surges by 78.4 percent compared with last year, $590m sent in last four days

Remittance hits $1.66bn in 15 days, poised for record

The surge comes ahead of Eid-ul-Fitr as remittance flows remain above $2bn for seven consecutive months

Trade deficit drops 9pc in 7 months

Export growth outpaces import, reducing deficit to $11.75 billion in July to January

Follies of capital account liberalisation