Leveraging remittances for driving the next stage of growth
Remittances have multipurpose positive effects on rural economies, which enhances Bangladesh’s inclusive growth, according to economists.
Decent work and migration: The path towards sustainable remittance growth
Twenty-eight-year-old Ahmed Jamal, from Barishal, was working as a labourer in Oman since 2018. He was forced to return to Bangladesh during the pandemic. As a result, he lost his primary source of...
Weakening exchange rate driving down remittance flow: Debapriya
The inflow of remittance has been shrinking since the last several months as the number of people, going abroad, is decreasing and money transfers through informal channels like hundi are...
Remittance flow shrinks further
The flow of remittance to Bangladesh shrank further in October as money transfers through informal channels such as hundi might have returned with the ease of pandemic restrictions. Expatriate...
Remittance falls to 16-month low
Remittance fell to a 16-month low of $1.72 billion in September, as money transfers through informal channels such as “hundi” might have increased.
Remittance slips to 6-month low
Remittance inflow has declined by 8 per cent year-on-year to $1.8 billion in August, lowest in six months due to money transfer through informal channels termed like hundi, increased, bankers said.
Kamal criticises CPD's call for monitoring remittances of over $5,000
Finance Minister AHM Mustafa Kamal has criticised the Centre for Policy Dialogue’s recommendation to increase government monitoring on inbound remittances worth over $5,000.
Remittance hits five-month low of $1.87 billion
Remittance hit the lowest in five months due to post Eid hangover and lesser working days in the banking sector than a usual month.
Forex reserve crosses record $46 billion
The country’s foreign exchange reserve has hit a new record of $46 billion due to the upward trend of remittance and lower import payments.