remittance earnings of Bangladesh

Remittance hit $24b in FY24, highest in three years

After hovering around the $21-billion mark for the previous two fiscal years, total remittances sent home by Bangladesh’s migrant workers reached nearly $24 billion in the just concluded fiscal year of 2023-24, providing some breathing space amid the forex crunch.

Remittance rises 32% in May

$2.25 billion remittance came in May this year, up from last year same month's $1.7 billion

Remittance rose 21% in April for Eid

Officials of commercial banks said the remittance inflows are not up to the mark considering the record number of manpower exports because the unofficial exchange rate is still high.

Remittance rises 21% in April

$2.04 billion came in the fourth month of the year

Remittance hits 8-month high in Feb

Remittance inflows soared 39 percent in February to $2.16 billion, the highest in eight months, as expatriate Bangladeshis took advantage of the higher dollar rate offered by some banks.

Remittance hits eight-month high

In February, migrants sent home $2.16 billion, up 39% year-on-year

$12.9b in remittances received in last 6 months

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

Export, remittance earnings limp along

Export and remittance sectors suffered disappointments in 2023, looking desperately for solutions this year

Remittances climb, buoyed by higher exchange rate

The inflow of remittance to Bangladesh increased 21 percent year-on-year to $1.93 billion in November as most banks are offering higher rates for the US dollar to boost foreign currency collection.

July 2, 2024
July 2, 2024

Remittance hit $24b in FY24, highest in three years

After hovering around the $21-billion mark for the previous two fiscal years, total remittances sent home by Bangladesh’s migrant workers reached nearly $24 billion in the just concluded fiscal year of 2023-24, providing some breathing space amid the forex crunch.

June 2, 2024
June 2, 2024

Remittance rises 32% in May

$2.25 billion remittance came in May this year, up from last year same month's $1.7 billion

May 3, 2024
May 3, 2024

Remittance rose 21% in April for Eid

Officials of commercial banks said the remittance inflows are not up to the mark considering the record number of manpower exports because the unofficial exchange rate is still high.

May 2, 2024
May 2, 2024

Remittance rises 21% in April

$2.04 billion came in the fourth month of the year

March 4, 2024
March 4, 2024

Remittance hits 8-month high in Feb

Remittance inflows soared 39 percent in February to $2.16 billion, the highest in eight months, as expatriate Bangladeshis took advantage of the higher dollar rate offered by some banks.

March 3, 2024
March 3, 2024

Remittance hits eight-month high

In February, migrants sent home $2.16 billion, up 39% year-on-year

February 28, 2024
February 28, 2024

$12.9b in remittances received in last 6 months

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

January 3, 2024
January 3, 2024

Export, remittance earnings limp along

Export and remittance sectors suffered disappointments in 2023, looking desperately for solutions this year

December 4, 2023
December 4, 2023

Remittances climb, buoyed by higher exchange rate

The inflow of remittance to Bangladesh increased 21 percent year-on-year to $1.93 billion in November as most banks are offering higher rates for the US dollar to boost foreign currency collection.

December 3, 2023
December 3, 2023

Remittance inflow climbs 21% in November

Migrant workers sent home $1.93 billion in November this year, which was $1.59 billion in the same month last year.