Bangladesh receives $1.63bn remittance in 21days
Expatriate Bangladeshis sent around $ 1.63 billion remittances during the first three weeks of September in the fiscal 2024-25.
Of this, remittances through state-owned and specialised banks accounted for $550 million, while private banks received $1.08 billion, according to a report released by the Bangladesh Bank yesterday.
The central bank's data reveals that the average daily remittance inflow for September is $77.8 million. If this pace of remittance inflow continues, the total remittance for the month is expected to surpass $2.33 billion.
By 21 September this year, remittance inflows had already exceeded this figure.
Bankers expect the remittance total to exceed $2.2 billion by the end of this month.
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