Headlines::
Remittance inflow jumps 36pc in August
Reporter Name
- Last Update : 02:25:11 pm, Thursday, 22 August 2024
- / 630 Read Count
Staff Correspondent
Remittance inflow to Bangladesh witnessed a massive 36 per cent surge amounting to US$406 million in the first 20 days of August compared to the same period last year.
According to central bank data, Bangladesh received a total of $1.5 billion in inward remittance till August 20. The amount was $1.12 billion during the same period last year.
The central bank data also reveals that in just one day, on August 20, expatriates sent $109 million.
Sources said that the sudden increase is largely owed to expatriates sending money through official banking channels.