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Tag Archives: The rise and rise of remittances

The rise and rise of remittances


January 18, 2021

Remittances remained above the $2 billion mark in December 2020 for the seventh month in a row. In the first half of 2020-21, inflows totalled $14.2bn. The amount was about 25 per cent higher than $11.37bn received in July-Dec 2019. The half-yearly inflows of remittances that surpassed merchandise exports of $12.1bn by a wide margin came as a pleasant surprise. …

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