Remittances increase reserve requirements

Remittances increase reserve requirements


The country's remittance collection bottomed out at the beginning of the eventful month of August but picked up towards the end of the month. As a result, remittances in August were more than July by about 31 million dollars. With an average of $7.66 billion per day in August, remittances at the end of the month stood at $2.22 billion and 1.4 million dollars. 191 million 37 million dollars came in July. Meanwhile, increasing remittances has had a positive impact on reserves. Expenditure reserve in September… details


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