Remittances rise in 2021 despite pandemic

Despite a six-month decline caused by Covid-19 pandemic, remittances rose to a new height of $2,207 crore in 2021, surpassing the preceding year’s record of USD 2,174. The country’s remittances were $164.90 crore in December that helped achieving the new record, according to the Bangladesh bank data. However in the first six

Remittances hit all-time high of $23b

Bangladesh's remittances hit an all-time high of nearly 23 billion US dollars in July-May period of the current fiscal year 2020-21 ending this month. Bangladesh's Finance Ministry spokesman Gazi Towhidul Islam said on Tuesday that expatriate Bangladeshis remitted home 22.84 billion US dollars in July-May, 39.49 per cent higher than the