Cross-border remittances at all-time high for third consecutive year

Cross-border remittances at all-time high for third consecutive year

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TOKYO -- International remittances increased by an estimated 3% over the previous year to about $860 billion in 2023, an all-time high for the third year in a row, according to the World Bank. The latest Migration and Development Brief said remittances to South Asian countries, including India and…

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