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Record remittance raises reserve to US$ 25 billion
Foreign currency reserves have surpassed the US$25 billion mark before the end of March, thanks to a record inflow of remittances this month. The countrys gross reserves have risen to US$25.44 billion, according to data released by Bangladesh Bank (BB) on Thursday night. The surge followed a...
Remittance inflow hits $1.65 billion in first 15 days of March
Bangladesh received $1.65 billion in remittance in the first 15 days of March, which amounts to Tk 20,370 crore, according to Bangladesh Bank data released on Sunday (March 16). On average, expatriates sent $110.41 million per day during this period, reports banglanews24.com. According to the...
Remittance inflows soar in early March with $814mn in 8 days
The country saw remittance inflows worth $814.3 million in the first eight days of this month. At an exchange rate of Tk 122 per dollar, this amount stands at Tk 9,933.46 crore. On average, $10.18 million in remittances were received daily, according to the latest data from Bangladesh Bank on...
US tops remittance inflows to Bangladesh in February
Remittance inflows to Bangladesh rose to $2.52 billion in February. The highest remittance was received from the United States, amounting to $491 million. According to a report published by Bangladesh Bank on Thursday, the other top 10 remittance-sending countries include the United Kingdom,...
Remittance inflow increases by 25% in Feb
Expatriate Bangladeshis sent $2,528 million remittances in February, which was around 25 per cent higher than the same period of the previous year. The wage earners sent $2,022 million remittance to the country in February of 2024. With the latest addition, the year-on-year growth in...
Remittance through legal channel benefitting country's economy
Bangladesh is benefiting from the hard-earned remittances sent by expatriates through legal channels, speakers said at an orientation meeting at the Bangladesh High Commission in Sydney, Australia, reports BSS. The event, jointly organized by the Bangladesh High Commission and the Bangladesh...