BSS-46 Remittance inflow increases by 43.24pc in 4 months

320

ZCZC

BSS-46

REMITTANCE-INFLOW

Remittance inflow increases by 43.24pc in 4 months

DHAKA, Nov 1, 2020 (BSS) – Expatriate Bangladeshis sent US$8,825 million remittances in the first four months of the current fiscal 2020-21, which is 43.24 percent higher than the amount of corresponding period of the preceding year, according to data of the Finance Ministry.

The country received $6,161 million remittances during the July-October period in 2019-20 fiscal year.

According to the data, the country received $2,112 million in October of the fiscal 2020-21.

But in 2019-20, the country got $1,642 million in October.

As per the data, at the end of October, 2020, foreign exchange reserve stood at $41,005 million which was $32,438 million at the end October, 2019.

BSS/KUC/FI/ 1935 hrs