Invisible remittances contribute significantly to forex reserve (Express India)
Invisibles, in particular, private remittances have contributed significantly to the current account. Net invisibles inflows, comprising mainly of private transfer remittances and services increased from $1.6 billion in 1991-92 to $89.6 billion in 2008-09. Read Full Article
Written by admin on July 16th, 2009 with
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