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

Ministry urges everyone to be sincere in the service of remittance warriors

Own Correspondent, Dhaka, 24 March 2024: State Minister for Expatriate Welfare and Foreign Employment Shafiqur Rahman Chowdhury has urged everyone to be more sincere in serving the remittance fighters. Stating that the image of the ministry depends on the service and use of the new recruits, he said, remittance fighters come to you with a lot of hope and hope to serve. The more comfortably you serve them, the brighter the image of the ministry will be.

Foreign Minister calls on Saudi expatriates to send remittances through legal channels

Own Correspondent, Dhaka, March 9, 2024: Foreign Minister and Awami League Joint General Secretary Dr. Hasan Mahmud has called upon Bangladeshi expatriates in Saudi Arabia to send remittances to the country legally.

Tk 24,000 cr came in remittance in one month

Dhaka, March 4: In the first two months of this year, remittances, one of the sectors of the economy, have reached two billion dollars. Expatriates working in different countries sent a total of 216 crore 60 lakh dollars in the month of February that just ended. The amount is Tk 23,826 crore in Bangladeshi currency (1 USD=Tk 110).

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).

Expatriates' remittances are key drivers of the economy: PM Hasina

Own Correspondent, Dhaka, 16 January 2024: Awami League President and Prime Minister Sheikh Hasina said that diaspora made a big contribution in creating global public opinion in the freedom struggle. Expatriates have contributed in every movement-struggle, liberation war. Now remittances sent by expatriates are the main driving force of the economy of Bangladesh. She said these things in an exchange meeting with expatriate Awami League leaders and activists at Ganobhaban on Tuesday afternoon.

Tk 21,181 cr came in remittance in November

Dhaka, Dec 4: At the end of the recent month of November, 193 crore dollars or 1.93 billion dollars came to the country in remittance, which is Tk 21,181 crore 75 lakh in Bangladesh currency (USD 1=Tk 109.75). This information has been shared in the latest report of Bangladesh Bank.

Remittances are raising hope in November

Own correspondent, Dhaka, 21 November 2023: The instability of the dollar market is gradually increasing. Dollars are not available in banks and money changers at fixed rates. In particular, all previous records were broken for dollar sales in the open market. The dollar crisis has led to a tightening of imports.

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.

Looking for structural reforms to boost remittances: Finance Minister

Own Correspondent, Dhaka, 25 September 2023: Finance Minister AHM Mustafa Kamal has said that the government is looking for structural reforms to increase remittances.

Dollar rate up again for remittances

Dhaka, August 1: In the case of remittances sent by expatriates, the rate of dollar has been increased by 50 paise to Tk 109, and in terms of export earnings, the rate of dollar has been increased by Tk 1 to Tk 108.50. Besides, the rate of dollar has been increased by 50 paisa to Tk 109.50 in the settlement of imports.

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.

Remittance of Tk 23,859 cr came in June, highest in last 3 years

Dhaka, July 3: In June, remittances of USD 219 crore 90 lakh came to the country. Its amount in local currency (1 USD= Tk 108.50) is more than Tk 23,859 crore. This amount is the highest in any single month in three years.

Daily remittances before Eid-ul-Azha are Tk 694 crore

Dhaka, June 19: Ahead of the holy Eid-ul-Azha, the pace of expatriate income (remittance) has increased. About 6.40 crore USD or 694 crore taka (about 108 taka 50 paise per dollar) is coming to the country every day in this month of June. If the trend of remittances continues, it will reach close to two billion (over $191 crore) by the end of the month.