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Bangladesh’s remittance inflow falls for third straight month

News Desk | banglanews24.com
Update: 2023-10-01 20:22:08
Bangladesh’s remittance inflow falls for third straight month

Expatriate Bangladeshis sent around US$1,343.66 million remittances during the month of September in the fiscal 2023-24.

Remittance earnings of Bangladesh continued to plunge for the third consecutive month with a 13 percent year-on-year drop in September.

As per Bangladesh Bank (BB) available data, state-owned banks brought in $118.66 million while 43 private sector banks brought $1,184.84 million remittances.

The highest $341.37 million remittance came to the country through Islami Bank Bangladesh Ltd.

The remittance earnings were $1.97 billion and $1.59 billion in last July and August respectively, the BB data showed.

In last June, the amount of remittance earnings hit $2.1 billion.

BDST: 2022 HRS, OCT 1, 2023
MSK/SMS

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