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Remittance inflow hits 35-month high

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Inward remittances sent by Bangladeshis abroad in June have increased 19.5 per cent year-on-year to around $2.2 billion, the highest in 35 months.

The latest figure took remittances received by the country in the 2022-23 financial year to $21.61 billion, reported citing Bangladesh Bank data released on Sunday.

Earlier in July, 2020, the country received around $2.60 in remittances.

In June last year, the inflow of remittance was around $ 1.84 billion. The growth in remittance inflow increased by 19.5 per cent compared to the previous fiscal year.

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