Outward Remittances by Indians in November Fall to Lowest Level Since February 2022 | India Business News
MUMBAI: Outward remittances of foreign exchange by Indians — for various purposes including children’s education and foreign travel — dipped to nearly $1.9 billion in Nov last year – the lowest since February 2022’s $1.8 billion.Forex remittances had averaged over $3 billion a month between April-Sept 2023 before the increased tax collection at source (TCS) … Read more