Sri Lanka, March 10 -- Money sent home by Sri Lankans working abroad extended its growth through February, indicating that those who left their home country in droves in the last couple years are now sending the dollars back home and via official banking channels as opposed to the informal money changers which many of them used to use.

Sri Lankans sent back US$ 548.1 million in remittances in February 2025, up from 476.2 million a year ago but down slightly from the US$ 573.0 million they repatriated a month ago in January 2025. While monthly changes can be ignored as they do not capture some of the seasonal factors associated with such inflows, the year-over-year growth puts the cumulative two months inflows to well over a billion dolla...