All Finance
Holy Shab-e-Qadr today
Soon the situation in Chittagong Hill Tracts will be calm: Obaidul Quader
KNF attack to loot money and show capability: RAB
Kidnapped manager of Sonali Bank returns to his family
Home Minister to visit Bandarban tomorrow to inspect situation
Tk 13,750 cr comes in remittance in 20 days
Dhaka, Oct 23: In the first 20 days of October, expatriates sent Tk 125 crore 70 thousand dollars in remittance through banking channels, which is Tk 13,750 crore 77 lakh in in Bangladeshi currency (USD 1 = Tk 110). The average daily remittance inflow is 6 crore 25 lakh US dollars or about Tk 688 crore.
Lowest remittance in 41 months comes in September
Dhaka, Oct 2: There has been a major collapse in expatriate income or remittances in the recently concluded September month. In this month, Bangladeshi expatriates sent foreign currency remittances equivalent to only 134 crore dollars through legal channels and banks. This number of expatriate income of the country is the lowest in 41 months. Earlier in April 2020, remittances were less than this. USD 109 crore came in one month.
Tk 15,475 cr comes in remittance in 21 days
Dhaka, July 24: Remittances or expatriate income has held a good position amid the country's ongoing dollar crisis. Just like the recently concluded June, there is a positive trend in July as well. Stakeholders hope that if remittance warriors continue to send their remittances, it will cross the $2 billion ($2.10 billion) mark by the end of July.
Record Tk 10,801 cr came in remittance in 14 days in July: Report
Dhaka, July 17: The dollar crisis in the country is not over yet. In the meantime, Bangladesh Bank is constantly providing dollars from foreign currency reserves to meet urgent import expenses. It is also straining the reserves. Net reserves (IMF accounting system) decreased to 23.57 billion dollars.
Record remittance comes in month of independence
Dhaka, April 3: In the first month of July and the second month of August of the current (2022-23) financial year, USD 2 billion came in remittances to the country. After six consecutive months, the remittance did not reach the milestone of 2 billion dollars. Finally, in the ninth month of the financial year, the remittance turned around again, and exceeded USD 2 billion.
Tk 730 cr remittances coming daily in March
Dhaka, March 16: In March, the third month of this year, remittances (expatriate income) of 6 crore 82 lakh dollars or Tk 730 crore (calculating 1 USD = Tk 107) are coming to the country every day. If this trend continues, the expatriate income will reach a record 2.11 billion dollars or Tk 22,600 crore rupees at the end of the month. This picture has emerged in the latest report of Bangladesh Bank.
Expatriate income on positive trend at the beginning of new year
Dhaka, January 10: In the first two months (July and August) of the current fiscal year 2022-2023, two billion dollars of remittances came to the country. For the next four months, that target was not reached. However, expatriate income is on a positive trend at the beginning of the new year.