Remittance saw 10.86pc increase in outgoing fiscal year
Bangladeshi expatriates have sent USD 18.20 billion remittance -- equivalent to Tk 1,54,700 crore -- in the last fiscal year.
In 2018-19 fiscal, the country received 16.42 billion dollars in remittance. Compared to 2018-19, remittance increased by 10.86 percent in 2019-20 fiscal year.
Meanwhile month-wise, the highest remittance in the country's history arrived last month which was 1,833 million dollars. The second highest 1,748 million dollars remittance came in June last year.
Due to budget support from development partners and reduction in import expenditure, the foreign exchange reserves broke another record today as it stood at 36.14 billion dollars at the end of the day.
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