Bangladesh has received inward remittance worth over USD $1008.67 million in the first 15 days of September.
Bankers said remittance inflow shows an upward trend as the remitters are getting more than Tk 108 per dollar due to the depreciation of taka.
The remittance inflow is expected to cross $2 billion in September.
Bangladesh received remittances of $2.09 billion in July and $2.03 billion in August.
Md Serajul Islam, executive director and spokesperson of Bangladesh Bank, said the authorities have simplified various processes to attract more remittance through banking channels.
Experts said that Bangladesh’s inward remittance flow will grow more as manpower export hit a new high in the past fiscal on a post-pandemic rebound of the overseas job market.
The data of the Bureau of Manpower Employment and Training (BMET) showed over 9.88 lakh workers had gone abroad in the fiscal year FY22 while this figure was 2.71 lakh in FY 21.
This happens to be the highest number of annual overseas jobs in the last seven years.
It is also contributing to growing up the inward remittance flow.
