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Remittances increase to $33.8bn despite war

Despite 73 days of conflict and heightened uncertainty in the Gulf, remittance inflows continued to rise, recording an 8.5 per cent increase during the first 10 months of FY26. Remittances from across the Middle East increased and accounted for 53pc, or $18.2 billion, of the total inflows of $33.859bn during July-April 2025-26. [...]