Dhaka, Oct. 3 -- The inflow of remittances has dropped by 11 per cent year-on-year to $1.54 billion in September making it lowest in seven months.

The inflow in last month also fell by 24.4 per cent from the previous month (August) when the expatriates sent $2.04 billion.

The decline in remittance inflow is likely to intensify pressure on foreign currency reserve as the country is struggling to manage its macroeconomic stability caused by the higher inflation and US dollar shortages.

"The decrease in remittances has already put an adverse impact on the foreign exchange reserves, which stood at $36.44 billion on September 28, down 6.7 per cent from August 31," said an official of the Bangladesh Bank.

Remittances, however, increased fiv...