987 crores are coming daily

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In the first 12 days of this October, 986 crore 66 lakh 40 thousand (986 million) US dollars remittances came into the country legally.


In local currency, the amount is 11 thousand 840 crores (120 rupees per dollar). As a result, daily average remittances are 822 million 19 thousand dollars or 987 million taka.

This information is known from the updated report published by the central bank on Monday (October 14).

According to the review of the data of the Central Bank, the amount of remittances received in the country up to October 12 was 245.6 million dollars through state-owned banks, 44.48 million dollars through a specialized bank, 693.6 million dollars through private banks and 26 lakh 40 thousand US dollars came through foreign banks.

Expatriates did not send any remittance through 11 banks during the discussed period. The banks are the state-owned Bangladesh Development Bank or BDBL, the specialized Rajshahi Agricultural Development Bank or RABAK. Private banks include Community Bank, Citizens Bank, ICB Islamic Bank, Padma Bank and Union Bank. And foreign banks include – Habib Bank, National Bank of Pakistan, State Bank of India and Uri Bank.

In the first month of the fiscal year 2024-25, 191 crore 37 lakh 70 thousand dollars came to the country in July, 222 crore 41 lakh 50 thousand dollars came in August and 240 crore 47 lakh 90 thousand US dollars came in September.

In the recently concluded fiscal year 2023-24, foreign currency equivalent to two thousand 392 million US dollars has arrived in the country. The amount of domestic currency is two lakh 82 thousand crores. The remittance figure is the second highest collection ever. The highest record remittance in the country’s history came in the fiscal year 2020-21 at $2,477 million.

Source:Time News BD

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