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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.
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.
Tk 5,103 cr comes in remittance in 7 days
Dhaka, April 10: In the current financial year 2022-23, the first month of July and the second month of August, two billion dollars of remittances came. After that, remittances did not reach the milestone of two billion dollars for six consecutive months. However, in March, the ninth month of the financial year, the income sent by expatriates turned around again. Over 2 billion dollars came in remittance this month.
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.
November records highest remittances in three months
Dhaka, December 3: Finally, remittances sent by expatriates have come out of the downward trend. According to the data of Bangladesh Bank, the remittance flow increased slightly in the recently concluded November month. 159.47 million USD remittances came in November, which is the highest in the last three months. This picture emerged in the updated report of Bangladesh Bank on Thursday (December 1).
No charge required to send remittance
Own Correspondent, Dhaka, Nov 7: From now on the banks will not take any kind of 'charge' on remittance. Besides, the foreign exchange houses will be open even on weekends to facilitate sending remittances. This decision is effective from today (November 7).
Remittance inflow further falls in October
Own Correspondent, Dhaka, Nov 2: In the first two months (July and August) of the current (2022-23) financial year, remittances reached 2 billion dollars in a row. In the following month, September, it decreased to USD 153 crore 95 lakh or 1.54 billion dollars. This trend of remittances is further downward in the recent month of October.
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.