Egypt remittances up 48.2 pct in first 10 months of FY 2017/18 to $26 bln: CBE

Reuters , Monday 9 Jul 2018

Egypt’s central bank said on Monday that remittances from Egyptians abroad jumped by 48.2 percent in the first 10 months of the 2017-18 fiscal year that ended in June to $26 billion compared to the same period last year.

It said that remittances in April had soared by 41.2 percent year-on-year to $2.3 billion.

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