Foreign Remittance: Indian Expats Sent Home 53 Billion USDs In 2010

October 4, 2011 3:04 am

We spotted this today:

“India gets a lot of money from remittances abroad mostly from expats who transfer money for families back home. How much, really, is it?

More than $53 Billion dollars was sent home last year (2010). The money helps fund our trade deficit (we import more than we export)”

Statistics Source: CapitalMind

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