The country’s remittance inflow hit an 11-month low of $1.07 billion in May due to continued declining trend of the US dollar against the local currency Taka, said officials of Bangladesh Bank. They said that political unrest was another cause of the lower inflow of remittance last month as such type of situation usually created ... Read more
remittance inflow
Remittance inflow increases by 15.89pc in 10 months
The inflow of remittance increased by 15.89 per cent to $12.30 billion in the first 10 months of the current financial year compared with that of the same period in the previous financial year when the expatriate Bangladeshis had remitted $10.61 billion, showed the Bangladesh Bank data released on Sunday. The remittance in April also ... Read more