• Workers’ remittances recorded an inflow of US$ 3.1 billion during October 2024.
• In terms of growth, remittances increased by 6.7 percent and 23.9 percent on m/m basis and y/y basis respectively.
• Cumulatively, with inflow of US$ 11.8 billion, workers’ remittances increased by 34.7 percent during Jul-Oct FY25 compared to US$ 8.8 billion received during Jul-Oct FY24.
• Remittances inflows during October 2024 were mainly sourced from Saudi Arabia ($766.7 million), United Arab Emirates ($620.9 million), United Kingdom ($429.5 million) and United States of America ($299.3 million).