Bangladesh's inward remittances rise 17% in December - News Summed Up

Bangladesh's inward remittances rise 17% in December


Bangladesh has maintained the upward trajectory of remittance inflows, raking in nearly $1.99 billion in December, a year-on-year increase of 17.07 percent. In December 2022, Bangladesh received nearly $1.7 billion in remittances. The country has taken in $10.79 billion in remittances in the first half of the 2023-24 fiscal year, according to the update provided by Bangladesh Bank on Tuesday. Bangladesh began 2023 with an increase in remittance inflows, according to central bank data. Bangladesh ended the year with remittances totalling $21.61 billion, a 2.75 percent increase year-on-year.


Source: bd News24 January 03, 2024 03:21 UTC



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