Saarc nations contribute below 1% of remittance to Bangladesh

Of the $21.61 billion remittance Bangladesh received in FY23, only $44.99 million came from Saarc countries

2w ago

Remittance rises 32% in May

$2.25 billion remittance came in May this year, up from last year same month's $1.7 billion

2w ago

Farashuddin recommends introducing unified exchange rate

He spoke at the third AKN Ahmed Memorial Lecture on Central Banking

3m ago

Remittance hits eight-month high

In February, migrants sent home $2.16 billion, up 39% year-on-year

3m ago

$12.9b in remittances received in last 6 months

Finance Minister Abul Hasan Mahmud Ali today told the parliament from July to July to January of the current financial year (2023-24), the country received some $12.9 billion ($12, 900.63 million) in remittances

3m ago

MFS transactions grow fourfold in five years

People made Tk 4,100 crore MFS transactions in 2023's December

4m ago

Remittance rises in January, highest in seven months

Migrant workers sent home $2.1 billion in January

4m ago

Bank MDs prefer moving to Canada’s Begum Para after retirement

Immediate past state minister for planning Shamsul Alam says

5m ago

Forex reserves fall after $1.27b ACU payment

Bangladesh’s foreign exchange reserves fell to $20.38 billion yesterday after the central bank settled import bills of two months through the Asian Clearing Union (ACU), a top official said today.

5m ago

Star, BRAC launch ‘Remittance Award’

To honour the contributions of migrant workers to the country’s GDP growth and their role in enriching foreign currency reserves, The Daily Star and BRAC have jointly initiated the “Remittance Award”.

6m ago

Banks to appreciate taka against US dollar

Banks will buy dollar at Tk 110, sell at Tk 110.5 from Nov 23

7m ago

Market has unofficial inter-bank exchange rates now: PRI

The Policy Research Institute of Bangladesh says in a press briefing

7m ago

Remittance hits four-month high

Migrant workers sent home $1.98 billion in October

7m ago

Forex reserves fall further to $20.89 billion

It decreased by $60 million in a week

8m ago

Remittance hits 41-month low

$1.34 billion came in September, lowest since April of 2020

8m ago

Experts’ opinions sought to know causes of falling remittances

The Finance Minister AHM Mustafa Kamal today sought innovative suggestions from economists and sector experts to identify the reasons why inward remittance flow is not growing to the expected level, despite massive manpower exports and many students staying back and working abroad

9m ago

Migrant workers sent home $21.61 billion in FY23

Migrant workers sent $21.61 billion to Bangladesh in the just-concluded fiscal year as remittance rebounded on the back of higher flow on the occasion of Eid-ul-Azha and a record outflow of labourers, official figures showed yesterday

11m ago

Forex reserves cross $30 billion

Thanks to higher inflow of remittances for Eid-ul-Azha

1y ago
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