The dollar holdings of Bangladesh鈥檚 commercial banks increased for the third consecutive month in March, due mainly to a sharp rise in remittance inflows and export earnings, according to Bangladesh Bank data...
Bangladesh鈥檚 gross foreign exchange reserves, calculated under International Monetary Fund guidelines, crossed $21 billion again, driven by strong remittance inflows and export earnings...
Remittance inflow witnessed a remarkable year-on-year growth of a massive 78.4 per cent to $2,252 million in the first 19 days of March...
Remittance inflows to Bangladesh surpassed $2.5 billion in February as expatriates sent additional funds presumably to support their families ahead of Ramadan...
OVER 10 million Bangladeshi migrant workers send home an estimated $22 billion in remittances annually, making it the country鈥檚 second-largest source of foreign exchange after garment exports. More than 60 per cent of this originates from the Middle East, with Saudi Arabia, the United Arab Emirates, Qatar, and Kuwait leading the way. At the same time...
The country鈥檚 current account balance turned positive in July-December period of FY25, primarily due to a sharp surge in remittance inflows, compared to the same period in FY24...
Remittance inflow to Bangladesh increased slightly in January, with the inflow remaining above $2 billion for the last six consecutive months...
Remittance inflow to Bangladesh reached a record high of $13.77 billion in the first half of fiscal year 2024-25, with December alone contributing record $2.63 billion, according to Bangladesh Bank data...
Remittance inflow to Bangladesh has maintained a record-breaking trend, staying above $2 billion for the fourth consecutive month in November, according to Bangladesh Bank data...
Bangladesh鈥檚 gross foreign exchange reserve, as per the International Monetary Fund鈥檚 guidelines, increased by $384 million in a month, due largely to higher remittance inflows and a halt in the Bangladesh Bank鈥檚 dollar sales...
The remittance inflow to Bangladesh increased in August compared with that in the previous month, as expatriates sent more money through formal channels following the changes in the country鈥檚 political landscape on August 5...
Remittance inflow to Bangladesh has faced significant challenges due to the current turmoil and curfew in the country, experts said...
FOR the last couple of months, we have observed a positive trajectory in our foreign remittance inflow. Data disclosed by the central bank demonstrates that remittance inflow for the months of April, May and June 2024 has crossed the $2 billion mark for the respective months. This is not only heartening news but also a sign of optimism...