loader image for Bangladeshinfo

Headlines

  • NCP announces campaign to mark July Uprising

  • 'Next election will be best in country’s history'

  • Govt to mark July uprising anniversary with vast programmes

  • HSC candidates to be allowed entry from 8:30 a.m.

  • Chelsea beat Benfica after storm delay

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...