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Remittance inflows hit record high of $24.77 billion, 89 percent of total amount from 10 countries as USA overtakes
Dhaka, July 13: Expatriates have set a record by sending remittances even during the coronavirus pandemic. In the 2020-21 fiscal year, the country's expatriate income stood at USD 24.77 billion. Never before has so much remittances come to Bangladesh in a year. About 89 percent of the total remittances in this financial year came from 10 countries. This was also the first time that the USA overtook UAE in expatriate remittance.
Dhaka, July 6: Expatriate Bangladeshis have sent a record amount of remittance to the country even amid the coronavirus pandemic. At the end of the fiscal year 2020-21, remittances worth USD 24.77 billion (Tk 2,10,610 crore) were recorded. Never before has so much remittance come to the country in a single financial year.
Dhaka, June 2: A record amount of remittances have arrived in the country amid the global coronavirus pandemic. At the end of the day on Tuesday (June 1), foreign exchange reserves reached USD 45.54 billion for the first time. With this reserve of the central bank, the import cost of the next 12 months can be met.
Dhaka, May 12: Expatriate Bangladeshis continue to send remittances despite the outbreak of the coronavirus pandemic. In the first nine days of May before Eid-ul-Fitr, expatriates have send USD 91.90 crore home. In Bangladeshi currency the amount is about Tk 8,000 crore.
Dhaka, May 4: A record number of foreign currencies came into the country even during the coronavirus pandemic. At the end of the day on Monday (May 3), foreign exchange reserves reached USD 45.10 billion for the first time. With this reserve of the central bank, the import cost of the next 12 months can be met.
Dhaka, May 3: A record amount of foreign currencies have arrived in the country amid the coronavirus pandemic. In April, expatriates sent remittances worth USD 206.7 crore, which is 89.11 percent more than in April last year. In April last year, remittances worth USD 109.296 crore was recorded.
Dhaka, April 29: Despite the epidemic, Bangladesh Bank's foreign exchange reserves are reaching the milestone of USD 45 billion. At the end of the day on Wednesday (April 28), the reserves stood at USD 44.85 billion, which is more than ever before. This important indicator of the economy will soon cross USD 45 billion, said Md. Sirajul Islam, Executive Director and Spokesperson of Bangladesh Bank.
Dhaka, April 2: Expatriates continue to send remittances amid the coronavirus pandemic. In the outgoing March, they sent USD 1.91 billion in remittances, which is 35.10 percent more than the same month of the previous year.
Dhaka, March 2: Expatriate Bangladeshis continue to send remittances despite the coronavirus (Covid-19) pandemic. In February this year, they sent remittances of around Tk 15,000 crore, which is 18 percent more than the same period last year (2020).
Dhaka, February 25: Bangladesh's foreign exchange reserves exceeded the 44 billion milestone during the epidemic, relying on remittances sent by expatriates. At the end of the day on Wednesday, Bangladesh Bank's reserves stood at USD 44.028 billion, which is more than at any time in the past.
Dhaka, February 20: In the outgoing year, most countries failed to maintain the same level of remittances as in the previous year due to the Corona pandemic. The exception is Bangladesh. Of the top 10 developing countries in terms of expatriate income, remittances have declined in seven of the Corona epidemics. However, remittances have increased in three countries. Bangladesh is one of those three countries. Among the many bad news during the pandemic, of course, this is good news.
Dhaka, February 2: The expatriates have sent huge amount of money to the country again in the recently concluded January. This month, they sent USD 196 crore as remittance.
Dhaka, December 2: Although remittances or expatriate income declined slightly last month (November) compared to October, the newly departed remittance income increased by USD 520 million in November compared to November last year. In November, the expatriates sent 206 crore 8 lakh US dollars. In November last year, they sent 155 crore 52 lakh US dollars. In the last five months (July-November), expatriates have sent remittances worth about USD 11 billion (USD 10.904 billion). This information has been highlighted in the updated report of Bangladesh Bank.
Dhaka, November 17: Expatriate Bangladeshis sent more than USD 1.22 billion in remittances in the first 15 days of November. Never before in the history of the country has this amount of remittances come in just 15 days, according to a press release issued by the Ministry of Finance.
Dhaka, November 2: Despite the coronavirus pandemic, the positive trend of remittances sent by expatriate Bangladeshis continues. Expatriates sent remittances of USD 2.112 billion in the recently concluded October. This information was revealed by Bangladesh Bank on Sunday (November 1).