Remittances post 46% growth in September - News Summed Up

Remittances post 46% growth in September


Syed Zakir Hossain/Dhaka TribuneExpatriate Bangladeshis sent $1.96 billion in remittances in August. September’s figure was 9.69% higher than that amountExpatriate Bangladeshis sent $2.15 billion in remittances last month, the second-highest single month posting in the country's history, up 46% on the receipts of the same month of last year. The highest amount of remittances in a single month in the history of the country was $2.59 billion in the first month of the current fiscal year. Expatriate Bangladeshis sent $1.96 billion in remittances in August. The country’s foreign exchange reserves hit a new record amid the pandemic due to the increasing trend of remittance earning.


Source: Dhaka Tribune October 01, 2020 14:58 UTC



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