Home Bank & Finance Tk 18,000 cr remittance fetched in 27 days
Bank & Finance - January 31, 2023

Tk 18,000 cr remittance fetched in 27 days

Staff Correspondent: Remittance flows are increasing at the beginning of the new year. Expatriate Bangladeshi people have sent remittances worth 167 million (1.67 billion) US dollars in the first 27 days of this January. In local currency (at Tk 107 per dollar) which amounts to about 18 thousand crore taka.
In the last month of last year, December, 169 crores 97 lakh US dollars remittances arrived.
This picture has emerged in the weekly update report published by Bangladesh Bank on remittance collection.
According to a review of the Central Bank’s report, on January 27, the amount of remittances received was 22 crores 6 lakh dollars through state-owned banks, 3 crores 89 lakh dollars through a specialized bank, 140 crores 52 lakh dollars through private banks and 58 lakh dollars USD remittance through foreign banks.
A review of the remittance flow showed that the remittance flow has been increasing since October last year, although it decreased at the beginning of the current financial year 2022-23. Which continues till January.
Last December, 169 crores 97 lakh dollars, 159 crores 51 lakh dollars in November and 152 crores 55 lakh dollars came in October.
In the outgoing fiscal year 2021-22, the total remittance received is 2,103 crore 17 lakh US dollars. Earlier, the expatriate income in the financial year 2020-21 was 2,477 crores 77 lakh US dollars.

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