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Nations sending highest remittances to India

DUBAI, UNITED ARAB EMIRATES - DECEMBER 05: A expatriate construction worker from Pakistan leans on his shovel on a building site in Dubai on December 5, 2006 in Dubai, United Arab Emirates. Construction in Dubai is on a massive scale and an estimated 20 percent of the world's cranes fill the skyline as the city establishes itself as one of the great tourist destinations of the world. Pakistani and Indian expatriate workers are employed by the construction companies and they send money back to their families at home. (Photo by Chris Jackson/Getty Images)

Rupee fall: NRIs in these nations must be happy!

A weak rupee may be bad news for the country, but NRIs in these nations have a reason to rejoice.
India is the largest recipient of global remittances in the world, receiving $69 billion in 2012, according to a World Bank report. The money that expatriates send will have more value now because of a depreciating rupee.
A remittance is a transfer of money by a foreign worker to his or her home country.

: Migration and Development Brief 2012 from the World Bank’s Migration and Remittance Unit