Expatriates remit home $10.5b in July-Mar

Expatriate Bangladeshis working in Saudi Arabia sent the highest US$ 2,322.29 million in remittance during the July-March period of the current fiscal year (2013-14). The overall remittance inflow to Bangladesh during the nine-month period totalled $10,494.74 million of which $1,288.62 million came during March, according to the latest data released by the Bangladesh Bank. The overall remittance inflow in February totalled $ 1,173.16 million. The central bank data showed that of the total $10,494.74 million sent during July-March by the overseas wage earners, Bangladeshis in the UAE sent home the second highest $1,989.61 million, followed by $1,715.48 million from the USA, $ 822.51 million from Kuwait, $766.01 million from Malaysia and $ 673.14 million from the UK, according to a news agency.