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Remittances from Egyptian expats rose 13.6 percent year-on-year to $6.7 billion during the first quarter of the 2019/2020 financial year, the Central Bank of Egypt (CBE) said on Tuesday.
Remittances earlier stood at $5.9 billion during the first quarter of the 2018/2019 financial year.
Remittances are one of the country’s main sources of foreign currency.
Source: Ahram Online
