Remittances reached 109 million dollars in one day

Although remittances came to a standstill in the first week of August this year, it picked up pace after the formation of the interim government. Expatriates sent remittances of 109 million dollars in one day on August 20. And in the first 20 days of this month, remittances reached 1.53 billion US dollars, which was 1.12 billion dollars in the same period of the previous year.

According to the updated report of the Central Bank, the flow of expatriate income to the country has increased by 406 million dollars or 36 percent in the first 20 days of this August. From August 4 to August 10, 38 crore 71 lakh 20 thousand dollars came and from August 11 to 17, 65 crore 14 lakh dollars came.

Apart from this, expatriates sent remittances of 109 million dollars in one day on August 20.

In the context of conflict, curfew and internet shutdown across the country due to the situation caused by the student movement over the quota reform last July, the remittance flow through legal channels decreased. At that time, many expatriates campaigned about not sending remittances through legal channels in the country. Which had an impact on expatriate income.

Sheikh Hasina left the country after resigning from the post of Prime Minister on August 5 in the face of student uprising. After that, many expatriate Bangladeshis started a campaign about sending remittances through legal channels for the formation of the country. As a result, expatriate income has started to increase again, bankers believe.

Bangladesh /FM