Remittance inflow up by 22%

Expatriate Bangladeshis sent home 22 percent more money in the first quarter of the current fiscal compared to the same period last year.

Chief Economics Correspondentbdnews24.com
Published : 2 Oct 2014, 03:41 PM
Updated : 2 Oct 2014, 03:41 PM

In September, Bangladesh received $1.32 billion in remittance, Bangladesh Bank's Forex Reserve and Treasury Management Division's General Manager Kazi Saidur Rahman said on Thursday.

The forex reserves rose close to $22 billion, thanks to the buoyant inflow, he said.
In July, Bangladesh received a record $1.49 billion in remittances, the highest for any one month.
Remittance has been the lifeblood of Bangladesh's economy.
The country received over $14 billion in remittance in the last fiscal.