Bangladesh's remittance hits eight-month high
Expatriate Bangladeshis sent around $2.16 billion remittances during the month of February which is the highest in the past eight months.
February's remittances marked a significant increase of 38.46% compared to the same month of 2023, as per data from Bangladesh Bank.
This development offers a much-needed respite for the country's dwindling foreign exchange reserves, according to industry insiders.
In June 2023, the country saw a higher inflow of remittances amounting to $2.19 billion.
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