Remittance
Banks to appreciate taka against US dollar
Banks will buy dollar at Tk 110, sell at Tk 110.5 from Nov 23
Market has unofficial inter-bank exchange rates now: PRI
The Policy Research Institute of Bangladesh says in a press briefing
Experts’ opinions sought to know causes of falling remittances
The Finance Minister AHM Mustafa Kamal today sought innovative suggestions from economists and sector experts to identify the reasons why inward remittance flow is not growing to the expected level, despite massive manpower exports and many students staying back and working abroad
Migrant workers sent home $21.61 billion in FY23
Migrant workers sent $21.61 billion to Bangladesh in the just-concluded fiscal year as remittance rebounded on the back of higher flow on the occasion of Eid-ul-Azha and a record outflow of labourers, official figures showed yesterday
Govt mulling increasing incentive on remittance: Mannan
The government is contemplating increasing the incentive on remittance, said Planning Minister MA Mannan today
Banks hike dollar prices for remitters, exporters
Bankers today decided to pay a total of Tk 110.70 to migrant workers and non-resident Bangladeshis for a US dollar from this week in order to encourage them to send foreign currency through formal channels, according to a meeting.
Remittance rises 4.46% in February
However, February's remittance of $1.56 billion was 20.3 per cent lower than the previous month's $1.95 billion
How USA becomes top remittance source beating Saudi Arabia
The USA has 5 lakh Bangladeshi migrant workers and Saudi Arabia 20 lakh
USA continues to be Bangladesh's top source of remittance
Bangladeshis in the North American country sent home $966.89 million in the October-December period of 2022
Per capita income misses estimates
Bangladesh's per capita income stood at $2,793 in fiscal 2021-22 -- $31 lower than the initial estimate as the steep depreciation of the taka messed up the government’s numbers.
New window to be introduced for Islamic banks’ liquidity support
The Bangladesh Bank will introduce another tool to provide liquidity support to the cash-strapped shariah-based banks in order to cushion their ailing financial health.
