Bangladeshi migrants sent home $2.75 billion in the month
Migrants sent home $2.6 billion in the first 29 days of April
SM Faruqi Hasan, founding president of the Ontario unit of the Awami League, is involved in the case
Remittances have become a much-anticipated relief for the economy reeling under macroeconomic stress, growing steadily since August last year and providing the interim government with a breather amid a rapid erosion of foreign exchange reserves.
Migrants sent home $2.52 billion in February
Migrants sent home $2.18 billion in the first month of 2025
However, November’s inflow of $2.2 billion was 8.16% lower than the previous month
Migrant Bangladeshis sent home $2.39 billion in October
Many are sympathetic towards migrant workers for justifiable reasons.
The burden of imported inflation and supply-side implications of reduced imports will have adverse implications for economic growth and welfare, particularly of marginalised people.
Bangladesh should train migrant workers on digital literacy so that they send remittance home through legal channels and using electronic platforms instead of turning to hundi operators, speakers said today.
Banks in Bangladesh today decided to withdraw service charge on remittances sent home by expatriate Bangladeshis with a view to gearing up the inflow.
Do we know which were the top remittance receiving banks in Bangladesh for the month?
Remittance declined further in October, intensifying the pressure on the government to manage its macroeconomy amid plummeting foreign exchange reserves.
Despite a surge in the outflow of migrant workers, remittances to Bangladesh declined 11 percent year-on-year to $1.54 billion in September, the lowest in seven months.
Remittances declined 11 per cent year-on-year to $1.54 billion in September, the lowest in seven months.
Remittances sent by expatriate Bangladeshis are one of the vital sources of foreign currencies for the country’s economy.
Bangladesh’s remittance earnings crossed the $2-billion mark for the second consecutive month in August.
Remittance flow to Bangladesh rose 11.76 per cent year-on-year to $2.09 billion in July, a development that would bring some relief for the country that is struggling to keep its foreign currency reserves in a healthy shape.
