$1,312.22m remittance inflow in 15 days

NN Online:

Bangladesh received $1,312.22 million (Tk 16,008.84 crore) in remittance during the first 15 days of February, according to the latest data from Bangladesh Bank.

This marks an average daily inflow of $87.4 million (Tk 1,065.08 crore).

State-owned banks accounted for $466.55 million (Tk 5,693.91 crore) of the total remittance, while specialised banks facilitated $88.79 million (Tk 1,083.24 crore).

Private commercial banks received the highest share, bringing in $753.9 million (Tk 9,197.58 crore), whereas foreign banks handled only $3 million (Tk 36.6 crore).

On 1 February alone, Bangladesh recorded a remittance inflow of $186.4 million (Tk 2,274.08 crore).

During the week from 2 to 8 February, expatriates sent $652.32 million (Tk 7,967.10 crore), while the following week, from 9 to 15 February, saw an inflow of $641.27 million (Tk 7,827.99 crore).

The steady remittance flow remains a crucial source of foreign exchange for the country, aiding in stabilising the economy amid external financial challenges.