Monday 10 December 2018
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albawaba - 3 month ago

Indian Expats Remittances From UAE Soar to Dh88 Billion

Remittances by expats in the UAE surged 13.1 per cent to Dh88 billion from Dh77.8 billion during the same 2017 period as the dollar-pegged dirham relentlessly gained against currencies of major recipient countries. India has retained its position as the top-receiving country as Indian expatriates remitted a total of Dh17.32 billion, accounting for 39 per cent of total remittances, in the second quarter of this year.

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