Volume of the country's inward remittances declined by around 6.24 per cent to US$1.88 billion in May of the current fiscal year over the previous month, official data revealed.
Bangladeshis staying abroad sent home over $2.01 billion in April last, according the Bangladesh Bank.
The amount of remittances inflow also fell by nearly 16 per cent year-on-year to reach $19.19 billion during the first 11 months of the current fiscal year (2021-22) over the matching period of the last fiscal.
Bangladesh received remittances to the tune of nearly $22.84 billion during the first 11 months (July-May) of the fiscal year 2020-21.
According to official figures, the volume of inward remittances has been showing a downward trend in the last couple of months.
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