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 Kerala’s economy, which heavily relies on these funds.
The HinduPublished: 1 April 2026
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 Kerala’s economy, which heavily relies on these funds.
