In terms of growth, during Jan 24, remittances increased by 0.6 percent on m/m and 26.2 percent
on y/y basis. Workers’ remittances inflow of US$ 15.8 billion has been recorded during first seven months of
FY-24.
Remittances inflows during Jan 24 were mainly sourced from Saudi Arabia ($587.3 million),
United Arab Emirates ($407.6 million), United Kingdom ($362.1 million) and United States of
America ($283.4 million).
