Throughout the initial 29 days of April, remittances to Bangladesh via legal banking channels totaled $190.80 million, equivalent to a staggering 21,079,851,1200 Bangladeshi Taka. During the first 19 days alone, remittances amounted to $128.15 million.
Analysis suggests that the remaining 10 days of April saw a further influx of $62 million, painting a picture of consistent financial support from expatriates.
Data from Bangladesh Bank reveals an average daily remittance of $60 million, indicating a steady flow of expatriate income into the country`s economy.
Comparatively, March witnessed a total remittance inflow of $1,996.68 million, signifying a slight drop from the current month`s figures.
The trend extends beyond April, with January recording remittances of $2,100 million and February welcoming $216.06 million. Looking back at fiscal years, 2022-23 saw $2,161.7 million in remittances, whereas 2021-22 witnessed $2,103.17 million. Notably, the fiscal year 2020-21 boasted the highest remittance influx yet, totaling $2,477.77 million.
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