Remittance inflow crosses $2b in March
Posted: Sun Apr 02, 2023 8:58 pm
Inward remittance flow to Bangladesh witnessed a seven-month high in March as expatriate Bangladeshis sent a remarkable amount of greenback worth around $2.02 billion to their near and dear ones centring the upcoming holy Eid-ul-Fitr, reported BSS.
Expatriates sent home $2.02 billion last month, the highest since September last year when $1.53 billion flew into the country, data from the Bangladesh Bank showed.
The last month's receipts were nearly 29.3 per cent higher than February's $1.56 billion and 8.5 per cent higher from $1.85 billion recorded in March last year.
A central bank official told the national news agency that remittances usually go up before the holy Eid-ul-Fitr, which will be celebrated in this month.
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