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    HomeBreakingForeign remittances for last month increased significantly

    Foreign remittances for last month increased significantly

    Foreign remittances that send to Sri Lanka by foreign Sri Lankan workers have increased significantly in the last month.

    Foreign remittances is a major source of foreign currency to Sri Lanka.

    The remittances of the Sri Lankan workers abroad in February were US $ 205 million.

    It has increased to US $ 318 million in March.

    This growth has shown after the Central Bank has decided to allow the Sri Lankan rupee to float compared to the dollar.

    Remittances received in March 2021 were US $ 612 million.

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