Remittances worth 655 million US dollars arrived in the country in 9 days

thedailymorningsun.com
published 10 November, Sunday, 2024 20:52:37
Remittances worth 655 million US dollars arrived in the country in 9 days

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Economic Reporter //


After the fall of the Sheikh Hasina government, the remittance flow started increasing after overcoming the country’s unstable crisis. As a result, remittances worth 655 million US dollars arrived in the country in the first 9 days of this month. With this, an average of 72.8 million dollars of remittances arrived in the country every day.

This information was revealed from the updated report of Bangladesh Bank on Sunday (November 10). It said that 655 million US dollars of remittances arrived in the country in the first 9 days of this November. And in the same period of October, 739.8 million dollars arrived in the country. Accordingly, the remittance flow has decreased this month.

In the first 9 days of November, 199.7 million 50 thousand US dollars arrived through state-owned banks. In addition, 315.6 million dollars came through specialized banks, 421.9 million dollars through private banks and 1750 thousand dollars came through foreign sector banks.

Bangladesh Bank said that between November 3 and 9, remittances worth $612.58 million were received in the country. And from November 1 to 3, expatriates sent $42.41 million in remittances to the country. Earlier, after $2.53 billion in remittances in June, expatriate income in the first month of the current fiscal year was about $1.91 billion in July, which was the lowest income in the last 10 months. However, after the formation of the interim government, the situation began to normalize. As a result, expatriates sent $2.22 billion in remittances to the country in August.

In addition, the highest remittance of $2.47 billion in the current fiscal year came to the country in September. And $2.39 billion in October.

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