Expatriate income increased by cutting the recession

in #steem6 years ago

Over two years of recession, the income of the expatriates returns to the positive trend. Bankers are demanding more money than the previous years due to the dollar's price and the reform initiatives of the expatriates. Although huge amount of foreign currency still does not come to the country due to Hundi. There are fears of money laundering.

In the year 2014-15, the expatriates sent the country to 1,532 billion US dollars. In the following year, it decreased to $ 1, 493 crores, in the next year. However, the end of the year ended, the remittance flow, compared to the previous year, increased 17.3 percent. Expatriates sent $ 1 billion 498 million dollars to the country. In June, 138.2 million dollars came in the country, which is almost 14 percent more than in June last year.image-63832.jpg

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