January 8, 2014 12:42 am
The remittance inflow to country reached at $6,778.57 million in the first half (H1) of the current 2013-14 financial year.
The amount was slightly lower than the inflow in July- December
period of the last 2012-13 fiscal year due mainly to the ongoing
political instability and continuous fall of US dollar against Taka.
Expatriate Bangladeshis, however, remitted $1216.49 million in
December, which was significantly higher than the remittance inflow of
$1061.45 million of November.
Market analysts said the remittance rose again in December as
Bangladeshi living abroad sent home more money to help their family
members meet various types of end-year expenditures.
Of the total remittances in December, 29 private commercial banks
have collected the highest amount of $780.47 million when the four
state-owned banks $405.58 million, nine foreign banks $15.41 million and
four specialised banks sent $15.03 million.
