Sri Lanka, May 11 -- Sri Lankan migrant workers sent 767.9 million US dollars back to the country in April, maintaining a strong flow of foreign exchange despite the escalating conflict involving Iran.
Central Bank data indicate that while the April figure dipped from the 814.8 million US dollars recorded in March, it represents a significant increase from the 646.1 million US dollars received during the same month last year. The surge in March is traditionally attributed to the Sinhala and Tamil New Year celebrations.
Cumulative remittances for the first four months of 2026 reached 3.06 billion US dollars, reflecting a 24.5 per cent rise compared to the previous year. This steady income provides a vital cushion for external finances as...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.