Photo: BSS
Remittance inflows returned to annual growing trend in the first 28 days of this month, after shrinking in July due to expatriates’ stopping the flow in protest against the ousted Awami League government’s crackdown on student-led protests.
Inbound remittances increased by nearly 45% in the first 28 days of August to $207 crore from the $143 crore recorded in August last year.
The rise also ensures August would record $2 billion-plus inflow, in keeping with the trend seen in April, May, June and the first two months of the year.
Remittances dipped below $2 billion mark only in March and July this year, and the fall in July can be naturally attributed to expatriates’ solidarity with the July-August student-people revolution.
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