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Economic Reporter //
On October 19 this month, remittances reached 1,532,660,000 US dollars. In Bangladesh currency which amounts to 18 thousand 391 crores (as per dollar 120).
Bangladesh Bank released this information on expatriate income on Monday (October 21).
According to Bangladesh Bank, daily expatriate income in October was 86666316 dollars. This expatriate income is higher than the previous month of September and October of the previous year. In the previous month of September, daily expatriate income was 80 million 159 thousand 666 dollars. And the previous year in October, the daily income of expatriates came to 60 million 57 million 14 thousand 333 dollars.
Expatriate income fell during the anti-quota movement in the country in July. Expatriate income increased when Sheikh Hasina’s government fell in August. After that, the positive trend of expatriate income continued.
After reviewing the data, it can be seen that in 19 days, 245.5570 thousand dollars of expatriate income came through the state-owned commercial banks. Four crore 48 lakh 50 thousand dollars comes through Krishi Bank. 69 crore 35 lakh 70 thousand dollars came through private commercial banks. And 26 lakh 40 thousand dollars came through foreign banks.
The highest expatriate income as a single bank comes through Islami Bank. On the 19th day of October, the amount of expatriate income coming through the bank was 228 million 60 thousand dollars.
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