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Dhaka, January 23: Remittances from expatriates, one of the main sources of demand for dollars, have suffered. As a result, the pressure on the foreign exchange reserves is gradually decreasing. According to the data of Bangladesh Bank, after last December, the flow of remittances sent by expatriates has increased in the current month of January.
Dhaka, October 11: Incentives to increase remittance flows have been increased from two percent to two and a half percent. However, the speed did not increase much. Expatriate Bangladeshis sent USD 1.54 billion to the country in September. This figure was the lowest in the last seven months.
Dhaka, September 2: The benefits of various concessions and benefits given by the government to increase expatriate income or remittance flow are coming together. In the first two months of the current financial year, expatriates have sent more than 2 billion dollars in remittances. In the recently concluded month of August, remittances of 203 crore 78 lakh (2.03 billion) US dollars have arrived. In local currency (at 95 taka per dollar) which amounts to 19 thousand 359 crore taka.
Dhaka, November 2: Expatriate income also declined in October as expatriates sent USD 164.68 crore to the country (Tk 13,997.80 crore). The amount of expatriate income in September was USD 172.67 crore (Tk 14,676.95 crore). As a result, the expatriate income has decreased by Tk 679.15 crore last month as compared to September. Expatriate income has been on a downward trend for five consecutive months, according to Bangladesh Bank sources.