Bangladesh received $425m remittance in 5 days of Oct: BB

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UNB :

Bangladesh received inward remittance of US $ 425 million in five days of October, showing an uptrend of $100 million remittance flow year-on-year.

According to Bangladesh Bank’s latest update, the expatriates sent $325 million remittance during the same period (October 1-5) in 2023.

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The expatriates sent inward remittance of $ 6967 million ($6.69 billion) so far in the current fiscal year 2024-25, which was $5232 million ($5.23 billion) in the previous fiscal year FY2023-24.

Bangladesh receives $2.4bn remittance in Sept, marking an 80.2% growth year-on-year In September, Bangladesh witnessed an increase in remittance by US $1.07 billion in a single month to $2.40 billion, as the expatriates preferred banking channels to send their hard-earned earnings in the country.

The expatriates sent $2.40 billion in remittances, which shows an 80.2 percent growth year-on-year. This growth is the highest ever in a single month. The expatriates sent $1.33 billion in remittance in the same month of the previous fiscal year.