Bangladesh receives $1,599m remittance in August

Expatriate Bangladeshis sent around US $1,599.45 million remittances during the month of August in the fiscal 2023-24.

As per Bangladesh Bank (BB) available data, state-owned banks brought in $183.19 million while 43 private sector banks brought $1,376.02 million remittances, reports BSS.

The highest $340.17 million remittance came to the country through Islami Bank Bangladesh Ltd. 

Earlier, the expatriate Bangladeshis sent remittances of around $197.30 crore (equivalent to about Tk 21,407 crore) in July, the first month of the current fiscal year 2023-24.