Expatriate Bangladeshis have sent over $2 billion in the first 25 days of October, maintaining the upward trend in remittance inflow. A review of Bangladesh Bank data shows on Sunday that expatriates sent $2.03 billion through official banking channels during this period. With five days still remaining this month, expatriates have already sent almost the same amount as the corresponding period last year. The highest amount during this period was recorded in March, when remittances reached $3.29 billion, while the lowest was in January at $2.18 billion. As of Oct 21, gross reserves stood at $32.1 billion, while under the IMF’s BPM6 calculation method, the figure was $27.35 billion.
