There has been a drastic 65% reduction in the transfer of money to Kerala from overseas through authorized foreign exchange dealers from Jan to May in 2020. Commenting on the trend, state planning board vice-chairman VK Ramachandran said it was an indicator of the impact of Covid-19 on nonresident Keralites.
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Remittance via foreign exchange dealers fell by 65%: ER
Remittance via foreign exchange dealers fell by 65%: ER
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