Bangladesh receives 13 thousand crore remittance in 17 days
Sheikh Hasina left the country after resigning from the post of Prime Minister on August 5 in the face of student uprising. Since then, the amount of remittances coming through legal channels has increased.
In continuation of this, 13 thousand 374 crores came in the first 17 days of August.
The updated information of Bangladesh Bank says that the remittance received till the first 3 days of this month is 9 crore 56 lakh 50 thousand dollars. And remittance received from August 4 to 10 is 38 crore 71 lakh 20 thousand dollars.
Bangladesh Bank also says that in the first 17 days of August, remittances have arrived through legal means of 114 crore 42 lakh 20 thousand dollars. In Bangladeshi currency (as per dollar 118 taka) which amounts to more than 13 thousand 374 crore taka.
At this time, 15 crore 29 lakh dollars came through the state-owned banks, about 3 crore 77 lakh dollars came through one of the 2 specialized banks (Krishi Bank). More than 94 crore 14 lakh dollars came through private banks and 2.15 million dollars came through foreign banks.
The total number of banks which did not receive any remittance during the discussed period is 10. These include Bangladesh Development Bank or BDBL, the specialized Rajshahi Krishi Unnayan Bank (RAKUB). Private Sector Community Bank, Citizen Bank, ICB Islami Bank, Padma Bank, Shimanto Bank. Foreign sector banks include Habib Bank, National Bank of Pakistan, State Bank of India and Woori Bank.
Incidentally, expatriates had announced to send money in hundi expressing no confidence in the recently departed Sheikh Hasina government. This suddenly reduces the speed of remittance. But after the fall of the government, that picture changed. Remittances are coming in a legitimate way.
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