ZCZC
BSS-50
REMITTANCE-INFLOW
Remittance inflow increases by 34.95pc in 7 months
DHAKA, Feb 1, 2021 (BSS) – Expatriate Bangladeshis sent US$
14,907.35 million remittances during the first seven months of the
current fiscal 2020- 21, which is apparently 34.95 per cent higher
than the same period of the preceding year, according to a Finance
Ministry data.
The country received $11,046.36 million remittances during July to
January in 2019-20 financial year, the data added.
Expatriate Bangladeshis sent US$ 1,962.60 million remittances in
January of the current fiscal 2020-21, which was $1,638.43 million
remittances during the month of January in 2019-20 financial year, the
data added.
As per the data of the Finance Ministry, the country’s foreign
exchange reserves are around US$42.91 billion.
The inflow of remittance added to raise the foreign exchange
reserve to over 42 billion.
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