ReferIndia News Iran's Gulf attacks make India’s remittance engine face toughest stress test in years

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Iran's Gulf attacks make India’s remittance engine face toughest stress test in years

Published on: April 1, 2026, 11:08 a.m. | Source: The Economic Times

India's essential remittance inflows are confronting an extraordinary obstacle. The intensifying turmoil in West Asia is fueling anxiety among millions of Indians working abroad. This turbulence could drastically reduce the money transferred home, potentially weakening India's financial standing. Analysts express concern over a looming decrease in remittances, with potential repercussions for the current account and currency health.

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