loader image for Bangladeshinfo

Breaking News

  • HT Imam laid to rest at Banani graveyard

  • Daily US Covid cases below 40,000 for first time in months

  • PM gets first dose of Covid-19 vaccine

  • Indian External Affairs Minister arrives in Dhaka

  • Barca beat Sevilla in Copa del Rey tie

Remittance inflow increases by 34.95pc in seven months


Remittance inflow increases by 34.95pc in seven months

Expatriate Bangladeshis sent US$ 14,907.35 million remittances during the first seven months of the current fiscal 2020-21, which is apparently 34.95 per cent higher than the same period of the preceding year, according to a Finance Ministry data.

The country received $11,046.36 million remittances during July to January in 2019-20 financial year, the data added.

Expatriate Bangladeshis sent US$ 1,962.60 million remittances in January of the current fiscal 2020-21, which was $1,638.43 million remittances during the month of January in 2019-20 financial year, the data added.

As per the data of the Finance Ministry, the country’s foreign exchange reserves are around US$42.91 billion.

The inflow of remittance added to raise the foreign exchange reserve to over 42 billion.

Loading...