The central bank cites dollar stability, Eid demand and crackdown on hundi as key factors behind the wide inflowBangladesh’s inward remittance surge rakes in record $3.29bn in MarchRemittance inflow surged to a record $3.29 billion in March, the highest ever for a single month, Bangladesh Bank has said. The bank had already projected a record-breaking month, as remittance inflow reached $2.94 billion in the first 26 days of March. He also pointed to the stabilising dollar rate. “When the dollar rate is steady, it builds confidence in the market,” Ali said. In late January, the dollar rate surged to Tk 128 amid rising demand, leading banks to purchase remittances at Tk 126.

Source: bd News24 April 06, 2025 14:14 UTC