Remittances from Egyptians abroad decline in Jan 2021 to $2.54 bln – c.bank

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CAIRO — Remittances from Egyptians abroad declined slightly in January 2021 to $2.54 billion from nearly $2.65 billion in the same month a year earlier, the central bank said in a statement on Sunday.

Remittances rose 10.5% year-on-year to $29.6 billion in 2020, the bank said last month.

(Reporting by Nadine Awadalla; Writing by Mahmoud Mourad; Editing by Gareth Jones)