Bangladesh receives $1.17b remittance till Aug 23
Dhaka, Bangladesh, Sept. 1 -- Bangladesh received more than US$1.17 billion in the first 23 days of August, according to the central bank's latest statistics.
The inflow of remittance may almost stable by the end of August after celebrating of the Eid, according to the senior bankers.
The flow of inward remittance normally falls after Eid festivals.
The remittance inflow was estimated at $1.60 billion in July last, up by $229.46 million from that of the previous month. In June 2019, the amount stood at $1.37 billion. It was $1.32 billion in June 2018.
The inflow of remittances grew by 9.65 per cent to a record US$16.42 billion in the just-concluded fiscal year (FY) as the exchange rate of local currency weakened against the US dollar....
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