By: Mohamed Idris
Riyadh – Mubasher: The remittances of foreign expatriates residing in Saudi Arabia retreated 15% year-on-year to SAR 10.77 billion in February.
According to figures released by the Saudi Arabian Monetary Authority (SAMA), remittances also decreased 15% in February from SAR 12.6 billion in January.
Figures indicated that remittances reached their highest value in June 2016 with SAR 15.8 billion and the lowest in July 2016 at SAR 10.3 billion.
Translated by: Sara Ghali
