Dhaka, May 4 -- Foreign banks begin easing line-of-credit backup to local banks and fuel suppliers lowering risk premiums as spinoffs from a steady rise in remittance into Bangladesh, sources say, as April receipt sets a record.
The country received US$2.75 billion worth of remittances in the just- passed month of April, billed second-largest monthly receipt by the country after March 2025, according to official statistics.
With the latest count, the $450-billion economy has received $24.54 billion in the first 10 months so far this fiscal (FY'25), also the second yearly largest volume after FY'21 when the amount was $24.78 billion.
Such rising remittance inflow starts delivering benefits to heal the country's macroeconomic ills, givin...
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