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RBI data: Outward remittances under LRS decline 10% to US$22.82 billion in 9MFY25

Summary by affairscloud.com
According to the latest data from the Reserve Bank of India (RBI), outward remittances under its Liberalised Remittance Scheme (LRS) declined 10.15% year-on-year (Y-o-Y) to $22.82 billion in the nine months (April to December) of financial year 2024-25 (9MFY25), from $24.80 billion in 9MFY24. Under the scheme […] The post RBI Data: Outward Remittances Under LRS Decline 10% to $22.82 Billion in 9MFY25 appeared first on AffairsCloud.com.
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affairscloud.com broke the news in on Saturday, February 22, 2025.
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