Reverse FDI: Indians transferred $68 billion abroad in 5 yrs
Deposits under LRS on course to hit record high of $800 mn in CY21.
remittances
December 2021
October 2021
Hidden fees of money transfer shot up in pandemic; Indians paid a bomb
Indians paid more than ₹26,300 crore in foreign exchange fees in 2020 — ₹9,700 crore as exchange rate markups on currency conversions, payments and card purchases, while travelling abroad.
