scorecardresearchOutward remittances via LRS surpassed pre-Covid level to hit an all-time high

Outward remittances via LRS surpassed pre-Covid level to hit an all-time high

Updated: 19 May 2022, 11:59 AM IST
TL;DR.
With border curbs going, Indians splurged on travel, overseas education
Indians sent $19.61 billion abroad in FY22, surpassing even the pre¬Covid high remittances of $18.76 billion in FY20, according to latest RBI data.

Indians sent $19.61 billion abroad in FY22, surpassing even the pre¬Covid high remittances of $18.76 billion in FY20, according to latest RBI data.