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Banks will buy remittance dollars for Tk 108

Own Correspondent, Dhaka, Sept 12: The commercial banks have determined the maximum dollar price for the import, export, and remittance of the banks. From now on, if expatriates send remittances through banking channels in the country, the bank will pay a maximum of Tk 108 per dollar. If government incentives of Tk 2.50 are added, it will be Tk 110.50.

Remittances crosses 2 billion dollars in August as well

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.

Tk 16,429 cr remittance received in first 25 days of August

Own Correspondent, Dhaka, August 29: Remittances have returned to a positive trend amid the dollar crisis. Mainly due to various benefits, legitimate channels are responding to expatriate income.

Highest USD 209 Cr remittance received in July

Own Correspondent, Dhaka, August 2: Expatriate Bangladeshis sent USD 209.69 crore in remittances in July. As per the current exchange rate of the dollar, the amount of this remittance is about Tk 20,000 crore in Bangladeshi currency. This information has been known from the latest report of Bangladesh Bank regarding remittance published on Monday (August 1).

More than Tk 5,000 cr remittances received in 5 days before Eid

Own Correspondent, Dhaka, July 7: Eid-ul-Azha, one of the major religious festivals of Muslims, will be celebrated in the country in next two days. Expatriate Bangladeshis are sending more and more money to their relatives to celebrate Eid. As a result, huge amount of remittances is coming to the country centering on Eid festival.

Expatriate remittances declined in May

Own Correspondent, Dhaka, June 2: The remittance inflow has suddenly declined. Expatriates sent USD 188 crore 54 lakh in remittances in May. This figure is USD 12.55 crore less than the previous month and USD 28.57 crore less than the same period last year.

USD 2 billion remittance received in April

Own Correspondent, Dhaka, May 6: Expatriate Bangladeshis have sent remittances of more than USD 2 billion, or 200 crore 95 lakh dollars in April, which is Tk 17,362 crore in Bangladeshi currency (calculating 1 USD= Tk 86.40). As a single month, this is the highest remittance inflow recorded in the last 11 months. This information has been revealed in the latest report of Bangladesh Bank.

Tk 12,000 cr remittance received in 21 days before Eid

Own Correspondent, Dhaka, April 25: Expatriate Bangladeshis have sent record remittances centering on the upcoming holy Eid-ul-Fitr. In the last 21 days, Bangladeshis living in different parts of the world have sent more than Tk 12,000 crore to meet the additional expenses of their families on Eid.

Bangladesh sees growth in remittance inflow in January

Own Correspondent, Dhaka, February 2: In January, the first month of the new year, expatriate Bangladeshis sent $170 crore or $1.70 billion in foreign exchange or remittances to the country. In Bangladeshi currency, the amount is Rs 14,620 crore (calculating 1 USD= Rs 86), which is more than Rs 600 crore compared to the previous month, December.

Expatriate income declines for fifth consecutive month

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.

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.

Remittance inflows hit record high of $24.77 billion in FY 2020-21

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.

Forex reserves cross $45.5 billion

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.

Remittances worth Tk 8,000 crore recorded in nine days ahead of Eid

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.

Forex reserves cross $45 billion

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.