Question
Outward remittances under RBI’s Liberalised Remittance
Scheme (LRS) in July 2025 dipped by what percentage?Solution
Outward remittances in July 2025 fell by 11% YoY, amounting to $2,452.93 million against $2,754.05 million a year earlier. The decline was mainly due to reduced spending on travel and education abroad, though remittances for property and investments increased
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