Finance
Remittance Tk 15,000 cr came in remittance in 19 days
Dhaka, Jan 22: Despite the dollar crisis, expatriate income brings good news. Remittance flows picked up pace in the first month of the new year. In the first 19 days of this January, expatriates have sent remittances worth 136 crore 41 lakh 40 thousand dollars. In Bangladeshi currency the amount is Tk 15,055 crore (USD 1=Tk 110).
This information was shared in the updated report of Bangladesh Bank on Sunday.
According to the report of the central bank, in the first 19 days of this month, 136 crore 41 lakh 40 thousand dollars came in remittance. More than 7 crore 17 lakh dollars came every day.
During the discussed period, 11 crore 6 lakh dollars came through the state-owned banks, 2 crore 88 lakh dollars came through a specialized bank, and 122 crore 5 lakh dollars came through private banks and 41 lakh dollars through foreign banks.
No remittance came to the country through eight banks during the discussed period. These banks include the state-owned Bangladesh Development Bank or BDBL, the specialized Rajshahi Agricultural Development Bank or RAQAB, the private Community Bank, ICB Islami Bank, Shimant Bank, the foreign sector Habib Bank, the National Bank of Pakistan and the State Bank of India.
Before this, in the entire month of December, more than 198 crore 98 lakh 70 thousand dollars (Tk 21,800 crore) came in remittance. And more than 6 crore 41 lakh dollars or Tk 704 crore came in a day. Out of this, 19 crore 37 lakh 70 thousand dollars came through the state-owned banks, 6 crore 62 lakh 30 thousand dollars came through one of the two specialized banks (BKB). And 172 crore 45 lakh 90 thousand dollars came through private banks and 52 lakh 80 thousand dollars came through foreign banks.
According to sector officials, the highest number of remittances came through the banking channel in 2020 due to closure of hundi. In the outgoing 2022-2023 fiscal year, expatriates sent remittances of 2,161 crore US dollars through banking channels. This is the second highest ever. Earlier, during the corona period, the maximum remittance of 2,477 crore dollars came to the country in the fiscal year 2020-2021.
