Saturday 20 April 2019 ,
Latest News
5 killed in Mymensingh road crash | ‘Drug trader’ killed in Sirajganj ‘gunfight’ | Work to strengthen party grassroots: PM | Foreign ministry to follow law ministry directives | Man held for ‘raping step-daughter’ in Rajshahi | Deals with Russia for criminal extradition on the cards |
12 February, 2019 09:39:52 AM

Print

Remittance inflow increases by 9.31pc in 7 months

BSS
Remittance inflow increases by 9.31pc in 7 months

Expatriate Bangladeshis sent US$ 9,086.17 million remittances during the first seven months of the current fiscal 2018-19, which is apparently 9.31 per cent higher than the same period of the preceding year, according to a Bangladesh Bank (BB) data.

The country received $8,312.02 million remittances during July to January in 2017-18 financial year, the data added.

“The flow of remittances into the country shows upward trend in the current fiscal 2018-19 as the BB has taken measures to streamline the legal channel for encouraging Non Resident Bangladeshis (NRBs) to send money to the country,” BB Chief Spokesperson M Serajul Islam told the news agency.

He said the recent flow of remittance indicates that it is gradually increasing and this trend is likely to continue in the upcoming months. According to the BB data, the country received $1,590.82 million in January, $1,206.91 million in December, $1,180.44 million in November, $1,239.11 million in October, $1,139.66 million in September, $1,411.05 million in August and $1,318.18 million in July of the fiscal 2018-19.

But in 2017-18, the country got $1,379.79 million in January, $1,163.82 million in December, $1,214.75 million in November, $1,162.77 million in October, $856.87 million in September, $1,418.58 million in August, $1,115.57 million in July.

In January this fiscal, six state-owned commercial banks — Agrani, Janata, Rupali, Sonali, Basic and BDBL — received $346.35 million while one state- owned specialised bank- Bangladesh Krishi Bank- received $17.40 million. Of the state-owned banks, Agrani Bank received $139.62 million, Janata Bank $72.39 million, Rupali Bank $18.92 million, Sonali Bank $115.25 million and Basic Bank received $0.17 million. Besides, the expatriates have sent $1,215.84 million through private commercial banks.

KK

Comments

Poll
Today's Question »
State minister for power Nasrul Hamid yesterday said everyone to have access to electricity by June. Do you think the feat achievable by the timeframe?
 Yes
 No
 No Comment
Yes 52.7%
No 43.3%
No Comment 4.0%
Video
More Business Stories
Peanut farming gains popularity in char areas Peanut farming in char areas of the district has gained popularity among farmers as Bangladesh Agricultural Research Institute (BARI) has taken a project to extend peanut cultivation in the district. International Crop Research Institute…

Copyright © All right reserved.

Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Disclaimer & Privacy Policy
....................................................
About Us
....................................................
Contact Us
....................................................
Advertisement
....................................................
Subscription

Powered by : Frog Hosting