Bangladesh received inward remittance worth over $1 billion in the first 15 days of September
The importers are still buying dollars at unusually high prices
At least 5,000 agents of Mobile Financial Service (MFS) are involved with money laundering in the country. Bangladesh lost around $7.8 billion (Tk 750 billion) remittance a year due to the ...
Expatriate Bangladeshis sent US$ 2,037.80 million remittances in August, which was 12.6 per cent higher than the corresponding month of the previous year
Expatriates have remitted $1.73 billion or approximately Tk 163.40 billion from 1 to 25 of August, according to the latest data of Bangladesh Bank
Over 10 million Bangladeshi nationals are working overseas at present. Most of them are unskilled and work in Malaysia or countries of the Middle East. While their wages are low, they send their ...
Finance minister AHM Mustafa Kamal a hike in the price of fuel oil price increases the price of everything.
Bangladesh received $2.09 billion from the migrants overseas in July which was $1.83 billion in June
The traders are unsure about the reason behind this sudden increase in price. Usually, when some parties collect huge sums of US dollars, it creates a shortage of the foreign currency and causes a ...
Every month on average over 100,000 migrants are going overseas, but remittance isn't increasing because it is more profitable to remit funds through 'hundi' than the banking channels
Bangladesh Bank (BB) Governor Fazle Kabir on Monday said that the country's foreign exchange reserves are still in a standard level.
Keeping the rate of incentive on sending remittance unchanged at 2.5 per cent in the fiscal year 2022-23, finance minister AHM Mustafa Kamal has hoped that a satisfactory growth of remittance will be ...
Experts fear that the prevailing economic crisis would go downhill if the upcoming budget does not contain specific guidelines regarding the issue.
If there can be a change in the overall management, then we can hope that the expatriates will be more responsible. This will have an impact on overseas remittance and manpower export.
Bangladesh Bank has withdrawn the ceiling of the dollar price earlier enforced to bring in remittance, the central bank's spokesperson Sirajul Islam has confirmed
