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Kerala likely to see 20% drop in remittances as West Asia war drags on

Although the depreciation of the currency against the dollar is expected to cushion short-term impact, Kerala is expected to see at least a 20% decline in remittances this year, especially if the war continues.The ramifications of this crisis could ripple through Keralas economy, which heavily relies on these funds.

1 Apr 2026 8:56 pm