Outward Remittances Drop to Two-Year Low in November
MUMBAI, Jan 22 : Outward remittances by resident Indians under the Liberalised Remittance Scheme (LRS) declined in November 2025 to a two year low, driven by lower education related travel and seasonal factors.
Total outflows fell to $1,937.2 million, down from $2,364.5 million in October, marking an approximate 18% sequential drop, and edging…
Read More...