Remittance inflow increases by 12.87pc

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Economic Reporter :
Expatriate Bangladeshis sent US$ 3,080.53 million remittances during the first two months of the current fiscal 2019-20, which is apparently 12.87 per cent higher than the same period of the preceding year, according to a Bangladesh Bank (BB) data.
The country received $2,729.23 million remittances during July to August in 2018-19 financial year, the data added.
According to the BB data, the country received $1,597.69 million in July and $1,482.84 million in August of the fiscal 2019-20. But in 2018-19, the country got $1,318.18 million in July and $1,411.05 million in August.
In August this fiscal, six state-owned commercial banks – Agrani, Janata, Rupali, Sonali, Basic and BDBL – received $377.79 million while one state- owned specialised bank- Bangladesh Krishi Bank- received $23.66 million.
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