Worker remittances dip in May

Monday, 23 July 2018 00:00 -     - {{hitsCtrl.values.hits}}

 

Reversing the positive development observed in the last two months, workers’ remittances declined by 3.4%, year-on-year, to $ 580 million in May, the Central Bank revealed on Friday.

However, on cumulative terms, workers’ remittances increased by 3.3% to $ 3.1 billion during the first five months of 2018 in comparison to the corresponding period of 2017.

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Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.