After factoring in foreign exchange spent on education, maintenance of relatives, gifts and investments, Indians have sent out $19,354 million during the current fiscal, shows latest data released by RBI. This is close to the $19,610 sent abroad in FY22, which was a record year for remittances.
from Times of India https://timesofindia.indiatimes.com/business/india-business/indians-spent-10-billion-on-foreign-travel-in-april-december/articleshow/98072812.cms
Sunday, February 19, 2023
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