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MoneyGram Advances Mobile Wallet Capabilities with Five-Year Extension to Ooredoo Qatar Partnership

Renewal enables MoneyGram and Ooredoo customers to continue to send money in near real-time to family and friends through Ooredoo Money Wallet.

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High Cost, Waiting Time Associated With Remittances Big Concern Among Malaysians, Survey Shows

These findings were from a survey to better understand how the COVID-19 pandemic has affected the remittance habits of those living in Malaysia.

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Mexicans in U.S. Sent Record Remittances Despite Covid-19 Pandemic

Unexpected surge in amounts forwarded home shows resilience in U.S. construction and agriculture.

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Remittances From Moroccan Diaspora Reached $7 Billion in November 2020

Morocco’s Foreign Exchange Office has announced that remittances from the Moroccan diaspora continue despite the COVID-19 pandemic.

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World Bank Flags Pandemic Risks for Bangladesh’s Exports, Remittances

The World Bank has warned that the weaker-than-expected growth elsewhere in the world due to the pandemic may undermine the recovery in Bangladesh and other countries in South Asia.

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Central Bank of Myanmar Issues Remittance Licenses to More Local Companies

City Express Myanmar and Money King were granted remittance licenses on 5 January.

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Remittances to Pakistan Stay Above $2 Billion for Sixth Consecutive Month

UAE emerges second largest source of remittances for Pakistan in first five months of FY 2021.

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Small World Launches USD Payout Service in Nigeria

This initiative follows the Central Bank of Nigeria (CBN) directive to enable global money transfers to be paid in US Dollars in an effort to streamline and increase the flow of formal diaspora remittances into Nigeria.

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Remittances Provide Temporary Cushion to Nepal’s Troubled Economy

At a time when the world economy was hard hit by the ongoing pandemic, improvement in Nepal’s remittances inflow has made it easier for the government to operate.

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The COVID Pandemic’s Sledgehammer Blow to Remittances

Remittances are an important source of income for low/middle-income countries. But nations that rely more on these inflows have been hit harder.