Remittance inflow hits $425m in just 5 days

Reported By: ST Report Posting Time: 2024-10-06 21:04:34 Catagory: Bank
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Remittance inflow hits $425m in just 5 days

Bangladesh has been witnessing an upsurge in remittance inflow after the fall of Hasina regime. Expatriates sent $425 million in just the first five days of October. The central bank provided the latest data to the media on Sunday.
During the last month, Bangladesh saw $2.40 billion remittance inflow, which was the third highest monthly inflow recorded in recent years.
Bangladesh had seen the highest remittance inflow of $2.53 billion back in June. However, after the quota reform movement began in July, a remittance shutdown programme spread through the social media to create pressure on the Hasina government.