Workers’ remittances recorded an inflow of US$2.1 billion during Aug 23.
In terms of growth, during Aug 2023, remittances increased by 3.1 percent on m/m.
Workers’ remittances inflow of US$ 4.1 billion has been recorded during Jul-Aug FY24 on
cumulative basis.
Remittances inflows during Aug 2023 were mainly sourced from Saudi Arabia ($490.1
million), United Kingdom ($331.3 million), United Arab Emirates ($308.0 million) and United
States of America ($262.4 million).