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  • Dhaka Tue, 02 MARCH 2021,

Remittance inflow increases by 34.95 pc in 7 months

Rtv news
|  01 Feb 2021, 21:15
Remittance inflow increases by 34.95 pc in 7 months
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Expatriate Bangladeshis sent US$ 14,907.35 million remittances during the first seven months of the
current fiscal 2020- 21, which is apparently 34.95 per cent higher than the same period of the preceding year, according to a Finance Ministry data.

The country received $11,046.36 million remittances during July to January in 2019-20 financial year, the data added.

Expatriate Bangladeshis sent US$ 1,962.60 million remittances in January of the current fiscal 2020-21, which was $1,638.43 million remittances during the month of January in 2019-20 financial year, the data added.

As per the data of the Finance Ministry, the country’s foreign exchange reserves are around US$42.91 billion.

The inflow of remittance added to raise the foreign exchange reserve to over 42 billion.

Source: BSS

AH

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