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RBI: Overseas Travel Outflows Fell to $1.9 Billion in March

RBI: Overseas Travel Outflows Fell to $1.9 Billion in March

India’s central bank reported that remittances for foreign travel dropped to $1.9 billion in March, down by more than $212 million from the previous period. The figures point to a notable pullback in travel-related spending abroad.

Original headline

Indians cut overseas travel spending to $1.9 billion in March: RBI