Bangladesh July-August remittances total $2.25 bn


Dhaka, Sep 3 (IANS): Bangladeshis living and working abroad sent home $2.25 billion in the first two months of the current fiscal, the country's central bank data showed Tuesday.

According to Bangladesh Bank (BB) data, the flow of inward remittances plunged over 14.46 percent year-on-year to $1,008.20 million in the last month, Xinhua reported.

Remittances, one of the key sources of foreign exchange for the impoverished nation, in July were $1,238.96 million, it showed.

The inflow of remittances from nearly nine million Bangladeshis in the 2012-13 fiscal, which concluded in June, reached a record high of nearly $15 billion, about 13 per cent higher than a year ago, the BB data showed.

Most of the remittances came from Saudi Arabia, the United Arab Emirates, the United States, Kuwait, Britain, Malaysia, Oman, Qatar, Singapore, Bahrain, Italy and Australia, according to the bank.

  

Top Stories


Leave a Comment

Title: Bangladesh July-August remittances total $2.25 bn



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.