The value of remittances of Egyptians living abroad increased by 34% year-on-year (YoY) to $2.5 billion in April, compared to $1.8 billion, according to data by the Central Bank of Egypt (CBE) on Thursday.
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During the first 10 months of the fiscal year (FY) 2020/2021, remittances of Egyptian expatriates grew to $25.8 billion at the end of April from $23.4 billion in the same period in FY19/20.
