Remittances from Egyptians abroad decline 3.9% y/o/y in Nov. 2021 to reach $2.5 billion – central bank

CAIRO (Reuters) – Remittances from Egyptians abroad declined 3.9% year on year in November 2021 to reach $2.5 billion, falling from $2.6 billion the year before, the central bank said in a statement on Thursday.

Remittances from Egyptian workers abroad amounted to $28.9 billion in the period January 2021 to November 2021, the statement added.

(Reporting by Ahmed Ismail; Writing by Lina Najem; Editing by Alison Williams)

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