Country fetches $1.05b remittance in Sept

Posted by BankInfo on Tue, Oct 02 2012 03:04 pm

The flow of remittance into the country marked a steady growth in September, though the month is considered to be the lean season, according to official statistics. From 1st to 28th September, expatriate Bangladeshis have remitted $ 1.05 billion (Tk 82 billion) in the country from different destinations across the world, the Bangladesh bank (BB) data shows.

Central bank sources said the flow of remittance remained slow in the month of September during last couple of years but it has showed a remarkable rise this year.

According to the BB data, the country’s receipts as remittance were $ 855.44 million and $ 837.71 million in the single-month of September in the calendar years 2010 and 2011 respectively.

In July and August 2012, the remittances that entered into the country were $ 1201.15 million and $ 1167.84 millions, the BB data shows.

News: The Daily Sun/Bangladesh/2nd-Oct-12

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