Friday 30 October 2020.Time-
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Migrant workers send $1,230m in July

Remittance1Dhaka, 05 August, Abnews : Inflow of remittance has witnessed a rise ahead of Eid-ul-Fitr as the migrant workers sent $1,230.46 million home in July, up by $172.22 million from the last month’s US$1,058.24 million. According to Bangladesh Bank, the country received $426.57 million through State Owned Commercial Banks (SCBs), $13.29 million through specialized banks, $774.87 million through private commercial banks and $15.74 million through foreign commercial banks.

A BB official said inflow of remittance witnesses a sharp rise ahead of Eid every year and Bangladesh migrant workers send more money home to meet the increasing expenditures of families ahead of Eid. Migrant workers remitted a total of $1,201.15 million in July in the fiscal year 2012-13.



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