Remittances

Publication Number: ECES-VON-570
04-09-2019
Source: Ahram Online (27August 2019)

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Egypt’s remittances from workers abroad rose 43 percent month-on-month in May to around $3 billion, the central bank said in a statement. The remittances, one of the country’s main sources of hard currency, stood at $2.1 billion in April. Egypt received $2.6 billion in remittances in May 2018, the statement added.

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