Dhaka, Feb. 3 -- Crosses $2b mark for six consecutive months

Inflow during July-January period reaches 24pc YoY

Bangladesh's remittance earnings have surpassed the $2 billion mark for six consecutive months, reflecting an impressive 24 per cent year-on-year growth to $15.96 billion in the current fiscal year 2024-25, according to data released by the Bangladesh Bank on Sunday.

During the July-January period of the previous fiscal year, total remittance inflows amounted to $12.91 billion, indicating a $3.05 billion increase over the past seven months.

Experts attribute this surge in inward remittances to the narrowing gap between the dollar rates in formal and informal channels, which has decreased to nearly Tk 1 due to a rise in the o...