{"id":1108,"date":"2026-05-22T04:18:13","date_gmt":"2026-05-22T04:18:13","guid":{"rendered":"https:\/\/materials.simplycurrentaffairs.com\/?p=1108"},"modified":"2026-05-29T04:19:11","modified_gmt":"2026-05-29T04:19:11","slug":"trend-in-remittances","status":"publish","type":"post","link":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/2026\/05\/22\/trend-in-remittances\/","title":{"rendered":"Trend in Remittances"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-green-cyan-color\"><strong>Trend in Remittances<\/strong><\/mark><\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\"><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong>News<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/mark><\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>According to RBI data,\u00a0<strong>India received\u00a0$132\u00a0billion\u00a0of remittances in 2024-25<\/strong>, with the figure standing at\u00a0<strong>$108 billion\u00a0in the first three quarters of 2025-26.\u00a0<\/strong>\u00a0<\/li>\n\n\n\n<li>According to the<strong>\u00a0RBI\u2019s latest survey on remittances<\/strong>,<strong>\u00a0inflows from the Gulf countries of UAE, Saudi Arabia, Kuwait, Qatar,\u00a0Oman\u00a0and Bahrain had declined to 38% of the overall figure<\/strong>\u00a0in 2023-24 from 47% in 2016-17.\u00a0<\/li>\n\n\n\n<li>Meanwhile,\u00a0<strong>money being sent to India has risen from advanced countries such as the US and the UK.<\/strong>\u00a0<\/li>\n\n\n\n<li>Remittances are a<strong>\u00a0key source of foreign exchange for India<\/strong>\u00a0as it helps<strong>\u00a0offset some part of the country\u2019s trade deficit<\/strong>, which is under pressure due to a sharp rise in global energy prices and the rapid depreciation of the rupee.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Trend in Remittances News<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[],"class_list":["post-1108","post","type-post","status-publish","format-standard","hentry","category-key-takeaways"],"_links":{"self":[{"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/posts\/1108","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/comments?post=1108"}],"version-history":[{"count":1,"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/posts\/1108\/revisions"}],"predecessor-version":[{"id":1109,"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/posts\/1108\/revisions\/1109"}],"wp:attachment":[{"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/media?parent=1108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/categories?post=1108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/tags?post=1108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}