FINANCIAL NEWS

Egypt gets USD1.7bn in expats’ remittances

02 Jan 2017

(MENAFN) Remittances from Egyptian expatriates in Nov were up 33.2 percent compared to the last month, as stated the Egyptian Central Bank.

Moreover, Nov’s remittances increased for the second consecutive month to register USD1.7bn, compared to USD1.3bn in Oct.

In addition, the state saw a 35.7 percent increase in remittances to reach USD1.3bn amid Oct, compared to USD937.3mn in Sep.
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