remittance inflow in Bangladesh
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.
‘No rule of game’ in collecting remittance
Some banks are seeing extraordinary growth in remittance inflows thanks to offering at least Tk 4 more than the permitted rate per dollar.
Relaxed incentive rules send remittance to a four-month high
Migrant workers sent home $1.98 billion in October, a four-month high, as banks stepped up efforts to woo more remittance buoyed by a relaxed central bank rule on incentive, a development that is expected to give some relief to a country reeling under the foreign exchange crisis.
No cheer from export and remittance
The strain on dollar stockpile intensified last month after remittance inflows crashed to a 41-month low and export receipts missed target.
Remittance hits 41-month low
$1.34 billion came in September, lowest since April of 2020
Weekly Interview / ‘Wide gap in exchange rates hurts remittance’
Beneficiaries of wage earner remitters receive a 2.50 percent cash incentive on top of the market-determined exchange rate for any amount of remittance inflow.
Downfall of remittance inflow again
Time to rethink our fixed exchange rate policy.
Remittance plunged 21.47% in August
It came down to $1.59 billion from last year August's $2.03 billion
Remittance declines 16.27% in April
Migrant workers sent home $1.68 billion in October
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.
‘No rule of game’ in collecting remittance
Some banks are seeing extraordinary growth in remittance inflows thanks to offering at least Tk 4 more than the permitted rate per dollar.
Relaxed incentive rules send remittance to a four-month high
Migrant workers sent home $1.98 billion in October, a four-month high, as banks stepped up efforts to woo more remittance buoyed by a relaxed central bank rule on incentive, a development that is expected to give some relief to a country reeling under the foreign exchange crisis.
No cheer from export and remittance
The strain on dollar stockpile intensified last month after remittance inflows crashed to a 41-month low and export receipts missed target.
Remittance hits 41-month low
$1.34 billion came in September, lowest since April of 2020
‘Wide gap in exchange rates hurts remittance’
Beneficiaries of wage earner remitters receive a 2.50 percent cash incentive on top of the market-determined exchange rate for any amount of remittance inflow.
Downfall of remittance inflow again
Time to rethink our fixed exchange rate policy.
Remittance plunged 21.47% in August
It came down to $1.59 billion from last year August's $2.03 billion
Remittance declines 16.27% in April
Migrant workers sent home $1.68 billion in October