Jumbangla Desk: In the first 16 days of the current month of November, remittances equal to 125 million 51 million 30 thousand US dollars have arrived in the country legally; In local currency, the amount is 15 thousand 62 crores (120 rupees per dollar). As such, daily average remittances are 7 crore 84 lakh dollars or 941 crore taka.
remitance
According to the review of the data of the Central Bank, in the first 16 days of this October, the amount of remittances received in the country was 42 million dollars through state-owned banks, 81.5 million dollars through a specialized bank, 75 million dollars came through private banks and through foreign banks. 32 lakh 20 thousand US dollars remittance has arrived.
In July of the current financial year 2024-25, 191 crore 37 lakh 70 thousand dollars, 222 crore 41 lakh 50 thousand dollars came in August and 240 crore 47 lakh 90 thousand US dollars came in September.
Bangladeshi expatriates sent remittances of around 240 crores (2.40 billion US dollars) to the country legally in October last month. In domestic currency, the amount was 28 thousand 740 crores. In October, the average daily remittances to the country are 77.3 million dollars.
As a single month, remittances increased by 21 percent in October this year compared to last year. In October last year, remittances came in at $197 million.
In the first month of the fiscal year 2024-25, in July, 191 crore 37 lakh 70 thousand dollars, in August came 222 crore 41 lakh 50 thousand dollars and in September came 240 crore 47 lakh 90 thousand US dollars.
And in the first four months (July-October) of the current fiscal year 2024-25, 893 million 78 million dollars remittances have come.
Expatriates did not send any remittance through 9 banks during the discussed period. The banks are the state-owned Bangladesh Development Bank or BDBL, the specialized Rajshahi Agricultural Development Bank or RABAK. Private banks include Community Bank, Citizens Bank, ICB Islamic Bank and Padma Bank. And the foreign sector includes Habib Bank, National Bank of Pakistan and State Bank of India.
In the last fiscal year 2023-24, expatriates have sent foreign currency remittances equivalent to two thousand 392 million US dollars to the country. The amount of domestic currency is two lakh 82 thousand crores. The highest record remittance in the country's history came in the fiscal year 2020-21 at $2,477 million.
SI/ZS