It received over $4.5 billion in remittances in the first three months of 2019-20 fiscal year. Usually Bangladesh’s remittance inflows drop after a spurt during Eid-ul-Fitr and Eid-ul-Azha but the trend has been bucked this year. The expatriates sent $1.46 billion in September, with a 29 percent rise from the same month last year, and the fourth highest remittance in a month in the country’s history. The expatriates sent nearly $1.75 billion in May ahead of Eid-ul-Fitr, which was the highest for a month. In 2018-19, Bangladesh received record $16.42 billion in remittance with a 9.6 percent growth.

Source: bd News24 October 01, 2019 21:00 UTC