Tuesday, 03 Dec, 2024

Democratic world

Remittances hit three-year high to $23.92b in FY24

<p><strong>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.</strong></p> <p>The strong remittance inflow trajectory in recent months would help further prop up the

Remittance in July fall by 3.2%

<p><strong>The country&rsquo;s remittances sent by migrant workers from abroad fell by 3.2% last month from the same period last year, largely owing to the five-day internet shutdown imposed to contain violence during the quota reform movement.</strong></p> <p>The inbound remittances were $1.97 billion in July