The country recorded inward remittance inflows worth $23.92 billion in the outgoing fiscal year (FY2023-24), the highest in the past three fiscal years, according Bangladesh Bank data released Monday.

The strong remittance inflow trajectory in recent months would help further prop up the country's foreign exchange reserves after the global lenders released much needed loans.

In each of the three months through June, the remittance inflow crossed the $2-billion mark reaching $2.54 billion in June.

In the outgoing fiscal year that ended on 30 June, remittance inflow was nearly $2.3 billion more than that of the previous fiscal year – marking a rise of nearly 10.7%.

BDST: 2017 HRS, JULY 01, 2024
MSK