Bangladesh has received $769.88 million in remittance in two weeks of October, Bangladesh Bank data revealed on Sunday.
Country’s expatriates sent inward remittance of $1.54 billion in September – the lowest in last 7 months, reports UNB.
After a decline in September, remittances showed a slow pace in October as well. In first two weeks of October, Bangladeshi expatriates sent inward remittances of $769.88 million. It indicates that at the end of this month, remittance flow could be $1.6 billion.
Despite increasing the cash incentives to 2.5 per cent, from 2 per cent, in the current fiscal year (2022-23), inward flow of remittance saw a fall in the last month.
The country is receiving an average of $9.22 million in remittance per day through banking channels.
Bd-pratidin English/Tanvir Raihan
