Remittance inflow to Bangladesh rises 32% in Sept

In the first three months (July-September) of the current fiscal year, expatriates remitted over $3.86 billion, which is 13.73 percent higher than the remittance sent in the corresponding period of the previous fiscal year, according to latest data released by the Bangladesh Bank.

 A rise in global oil prices, the stronger dollar against the taka and the central bank’s steps to encourage expatriates to remit funds through legal channels are the reasons for the higher remittance inflow, analysts say.

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