Question
Outward remittances under LRS in July 2025 amounted to
(USD):Solution
July 2025 outward remittances under the Liberalised Remittance Scheme (LRS) were $2,452.93 million, reflecting an 11% year-on-year decline from $2,754.05 million in July a year earlier. The drop was driven chiefly by softer outflows for travel and studies abroad.
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