Remittance inflow hits record high in June

Remittance inflow hits record high in’ June. Expatriate Bangladeshis sent US$ 2,199.01 million remittances during the month of June in the fiscal 2022-23 (FY23) which is the highest in the last 35 months.

 

Remittance inflow hits record high in June

 

Remittance inflow hits record high in June

As per Bangladesh Bank available data, Bangladesh has received’ a total of $ 21,610.66 million remittance in FY23, which is 2.75 percent higher than the previous fiscal where the country received $ 21,031.68 million.

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Of the total remittance of FY23, state-owned banks brought in $3,399.19 million.The central bank data further shows that 43 private sector banks have brought in the most remittances.

 

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In FY23, private sector banks have brought in remittances of $ 17,612.05 million. Around nine foreign banks received remittances of $77.18 million.

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