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Yang says devalued pound will decrease resources for the families of migrant workers in Britain
June 28, 2016
Immigrants working in Britain send billions of pounds home every year in the form of remittances. These help with family expenses in migrants’ home countries such as Nigeria, India, and Pakistan. Dean Yang estimates that a decline in the value of the pound as a result of Brexit will lead to a reduction in resources available to migrant workers’ families. “There’s a very, very strong link between how well migrants are doing overseas and how well their families are doing back home,” Yang said.