However, November’s inflow of $2.2 billion was 8.16% lower than the previous month
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
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”.
Banks will buy dollar at Tk 110, sell at Tk 110.5 from Nov 23
The Policy Research Institute of Bangladesh says in a press briefing
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 $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
The government is contemplating increasing the incentive on remittance, said Planning Minister MA Mannan today
