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Remittances to Pakistan From Oman Rise 12Pct as Rupee Weakens

(BE2C2 Report) — Pakistani expats have been remitting more money back home after the value of the Pakistani rupee fell sharply against the Omani rial. CEO of Oman UAE Exchange Boban M P told Times of Oman his company had registered a 12 percent increase in remittances to Pakistan since the weakening of the Pakistani rupee last week. The value of the Pakistani rupee against a single rial stood at just over Rs300 on the morning of March 25. This is a fall of nearly Rs14 from some Rs287.50 inRead More