- Foreigners in Bangladesh increase spending on credit cards
- DMP files 3,251 traffic violation cases in Dhaka
- Two judges murdered outside Iran's Supreme Court: media
- ‘Palestinians, resistance thwarted Israel’s big plots in Gaza’
- EU ready to support Bangladesh during its political transition: Envoy
- British sci-fi classic ‘Doctor Who’ gears up for bold new adventures
- Bangladesh bowl out Nepal for 52 runs
- Night temperature may drop in parts of country
- Ready to govern Gaza: Palestine’s President
- "Current govt at risk by continuing budget of ousted Awami League"
- OpenAI, Retro Biosciences working to extend ‘human lifespan’
- Srijit Mukherji from aspiring sports journalist to filmmaker
- Pakistan launches first home-made observation satellite
- Govt reaffirms zero tolerance on shrine attacks, urges complaints
- BNP demands withdrawal of vat on over 100 products
- Met office assumes dry weather nationwide
- Marma girl's accident injury being propagated as communal murder
- Tarique seeks prayers for mother
- Cold wave set to arrive, says Meteorological Department
- How to make smacked cucumbers
United States overtakes UAE as leading source of expatriate remittances
The United States has surpassed the United Arab Emirates (UAE) in sending the most expatriate income, maintaining the top spot for three consecutive months. This marks a significant shift in global remittance trends, driven by a steady increase in U.S. expatriate remittances since political changes...
Expats send $73.66cr in remittances in 11 days of January
Expatriate Bangladeshis have sent $73.66 crore in remittances during the first 11 days of January, the first month of the new calendar. The daily average remittances to the country are $6.69 crore. According to the latest data received from the Bangladesh Bank on Saturday, Bangladesh received...
"I hear the cries of expatriates in every country I visit"
Dr. Shafiqur Rahman, Ameer (Chief) of Bangladesh Jamaat-e-Islami, highlighted the struggles and contributions of expatriate Bangladeshis during a gathering in Kuwait recently. Addressing the crowd at a Khaimah in Ardia Sanaiya, he said, The cries of expatriates resonate wherever I go. Their...
Forex market gets volatile again
The countrys economy has struggled with an inconsistent dollar rate for almost two years. Although the economy saw some stability in between, the price of the greenback is becoming volatile once again. After the government announced an increase in the currencys price, the kerb market became...
Overvaluation of taka threatens exports & remittances
Economists and business leaders have raised concerns that the overvaluation of the taka, compared to the currencies of Bangladeshs trade partners, may negatively impact the countrys key foreign exchange sourcesexports and remittances. While these sectors have contributed to foreign currency...
Bangladesh receives $22.67cr in remittances in 4 days of Jan
Expatriate Bangladeshis sent $22.67 crore in remittances during the first four days of January, the first month of the new calendar. The daily average remittances to the country are $5.66 crore. According to the latest data received from the Bangladesh Bank on Monday, Bangladesh received over...
Dollar price dearer despite record remittance inflows
Despite record remittance inflows, the price of the US dollar remains high. The value of the dollar is still over the top in the kerb market. The price has risen further over the past week. In some places in the kerb market, the exchange rate stands at Tk 129 per dollar. Although remittance...
Country receives record $2.64 billion in remittances in December
Expatriate Bangladeshis sent home a record US$2.64 billion as remittances in December, which was around 32 per cent higher than the corresponding month of the previous year, reports BSS. The wage earners sent around $2 billion remittance to the country in December, 2023. With the latest...
6 key drivers behind dollar price volatility in Bangladesh
Bangladeshs foreign exchange market faces significant volatility, driven by six critical factors identified by Bangladesh Bank. Spokesperson and Executive Director Husne Ara Shikha outlined these challenges on Monday, highlighting the year-end surge in dollar demand due to December loan repayment...
Country receives $2.4b remittance in 28 days
Expatriate Bangladeshis sent over US$2.4 billion in remittances during the first 28 days of December in the 2024-25 fiscal year. Of this, remittances through state-owned and specialized banks accounted for $782.27 million, while private banks received $1,631.36 million, according to Bangladesh...
Instability resurges in dollar market
Despite various efforts and an increase in remittance flows, the dollar market remains unstable. As the year ends, the value of the US dollar has surged once again, with the exchange rate reaching as high as 129 taka in the open market. Banks, struggling to meet excessive demand, are collecting...
Bangladesh receives $200cr remittance in 21 days of Dec
Bangladesh received $200.73 crore in remittances in the first 21 days of December through banking channels. The surge in remittances has been attributed to expatriates opting for legal channels, particularly following the political changeover in the country. According to the latest update...
Ensuring expats’ voting rights crucial as remittance inflow surges: Asif Nazrul
Expatriates Welfare and Overseas Employment Adviser Dr Asif Nazrul on Wednesday emphasised the importance of ensuring voting rights for expatriates, citing it as a critical step towards their greater inclusion in the nations democratic processes. Speaking at the International Migrants Day and...
Bangladesh receives $172.63cr remittances in 23 days of Nov
Bangladesh received a substantial $172 crore 63 lakh 50 thousand in remittances through legal channels during the first 23 days of November. The daily average reached over $7.50 crore as of November 23, according to data from the Bangladesh Bank (BB) on Sunday. The country received $172.27...
Bangladesh receives $1.25bn remittance in 1st 16 days of Nov
Some $1.25 billion in remittances has been received during the first 16 days of November. At an exchange rate of Tk 120 per dollar, this amounts to approximately Tk 15,062 crore in Bangladeshi currency. Bangladesh Bank (BB) released a report on this matter on Sunday. According to the central...
Country receives US$ 7 billion remittance in 3 months
Bangladesh has received remittance of over US$ 7 billion from expatriate citizens in the last three months, official data showed, reports BSS. Bangladeshi expatriates sent US$ 7.02 billion remittance to the country in the last three months, said a progress report on the works of different...
Expats send $655m remittances in 9 days of November
Bangladesh received remittances totalling $655 million in the first nine days of November. According to the latest report of the Bangladesh Bank, this amounts to an average daily inflow of around Tk 72.8 million in foreign remittances. The report revealed that the remittance inflow for the...
Expats send $1.94 billion remittance in 26 days
The country is seeing a sharp rise in remittances, as expatriates sending an average of $75 million daily in October, following the recent political transition. The latest data from Bangladesh Bank reveals that a total of $1.94 billion in remittance has flown into the country by October 26, UNB...
$1.53 billion in remittances in first 19 days of October
In the first 19 days of October, Bangladesh expatriates sent home remittances totaling $1.53 billion, equivalent to Tk 18,391 crores, according to the Bangladesh Bank (BB). The exchange rate used was Tk 120 per dollar. Bangladesh Bank (BB) revealed this information on expatriate income on...