remittances
- Pakistan
Pakistan’s remittances increase 4.9 pc in Feb: Central bank
Islamabad: Remittances sent by overseas Pakistani workers increased by 4.9 per cent in February on a month-on-month basis, the central bank said. The workers’ remittances recorded an inflow of $1.987 billion in…
- India
India to receive over record USD 100 billion in remittances in 2022: World Bank
Washington: Retaining its spot as the world’s top recipient of remittances, migrant workers from India are set to send home a record USD 100 billion in 2022, despite global headwinds like rising…
- Middle East
Saudi Arabia: Remittance of expats drops by 7.3% in July
Riyadh: Remittances of ex-pats residing in Saudi Arabia have dropped by 7.3 percent reaching Saudi Riyal (SAR) 11.6 billion in July 2022 as compared to SAR 12.5 billion in 2021. There was…
- India
India witnesses sharp decline in remittances from Gulf countries
New Delhi: The remittances from the Gulf countries to India sharply declined from 50 percent in 2016-17 to 30 percent in 2020-21. The UAE which was the top source of remittances is…
- India
Indian rupee hits all-time low against UAE dirham – Is it right time to remit?
New Delhi: The rising price of crude oil and foreign capital outflow have pushed Indian rupees to a record low of Rs. 21.49 against UAE dirham. Against the Saudi Riyal, the rupee…
- India
Trade, FDI, foreign remittance data show why gulf countries matter for India
New Delhi: The controversial comments made by now suspended leaders of the BJP against the Prophet Mohammed have led to backlash from Muslim countries all over the world. Even 57-nation OIC has…
- World
COVID-19: Foreign remittances to fall by $100 billion globally
New Delhi: As the world goes through an unprecedented recession amid the pandemic, global remittances may fall by $108.6 billion in 2020 if the economic impact of COVID-19 persists throughout the year, says…
