Saturday, 13 Apr, 2024

National

Remittance hits eight-month high

News Desk | banglanews24.com
Update: 2024-03-03 20:48:54
Remittance hits eight-month high

Bangladeshi expatriates have sent around US$ 2.16 billion remittances during February which is the highest in the past eight months.

February's remittances marked a significant increase of 38.46 percent compared to the same month last year, 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.

BDST: 2048 HRS, MAR 03, 2024
MSK

All rights reserved. Sale, redistribution or reproduction of information/photos/illustrations/video/audio contents on this website in any form without prior permission from banglanews24.com are strictly prohibited and liable to legal action.