Indian workers abroad sent home a record $110.47 billion in 2025-26, up 26% from $87.55 billion in 2024-25.

India

Who

Indian workers abroad, economists, a senior government official, Barclays' forex strategists Mitul Kotecha and Audrey Ong

What

When

Thu, 11 Jun 2026 01:30:20 GMT · 1h 56m ago

Where

India ·

Why

The West Asia crisis likely led to a “precautionary” rise in remittances, and the rupee’s sharp fall over 2025-26 incentivized sending more foreign currency home.

The Frontline Impact

How this affects you

This record inflow of remittances has helped support the Indian rupee and offset weak foreign direct investment (FDI) and portfolio investment inflows, although it cannot be solely relied upon for the long-term health of the Indian economy.

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Verified Sources & Citations

The Indian Express
https://indianexpress.com/article/explained/explained-economics/remittances-india-finances-fy26-no-long-term-fix-10733712/
HIGH

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