Repayments will be made from the remittances sent home
Migrant Bangladeshis sent in $2.40 billion in September, 8.12% higher than August
Imports, remittances and forex reserves are likely to increase, the leading chamber says
Reserves stood at $20.48 billion on July 31, down from $21.78 billion a month ago
The move was taken to boost remittance inflow
It hit $2.54 in June this year, up from $2.19 billion in the same month last year
Bangladesh's gross domestic product (GDP) growth will decrease to 5.7 percent in 2024-25 from 5.8 percent in the current fiscal year while inflation will ease to 8 percent, according to the Mastercard Economic Institute (MEI).
Of the $21.61 billion remittance Bangladesh received in FY23, only $44.99 million came from Saarc countries
$2.25 billion remittance came in May this year, up from last year same month's $1.7 billion
He spoke at the third AKN Ahmed Memorial Lecture on Central Banking
In February, migrants sent home $2.16 billion, up 39% year-on-year
Finance Minister Abul Hasan Mahmud Ali today told the parliament from July to July to January of the current financial year (2023-24), the country received some $12.9 billion ($12, 900.63 million) in remittances
People made Tk 4,100 crore MFS transactions in 2023's December
Migrant workers sent home $2.1 billion in January
Immediate past state minister for planning Shamsul Alam says
Bangladesh’s foreign exchange reserves fell to $20.38 billion yesterday after the central bank settled import bills of two months through the Asian Clearing Union (ACU), a top official said today.
To honour the contributions of migrant workers to the country’s GDP growth and their role in enriching foreign currency reserves, The Daily Star and BRAC have jointly initiated the “Remittance Award”.