Remittance inflow increases by 31.75pc in Nov

Expatriate Bangladeshis sent US$ 1,555.22 million remittances in November of the current fiscal 2019-20, which is apparently 31.75 per cent higher than the same month of the preceding year, according to a Bangladesh Bank (BB) data, reports BSS.

The country received $1,180.44 million remittances during the month of November in 2018-19 financial year, the data added.

According to the BB data, expatriate Bangladeshis sent $ 7,714.19 million remittances during the first five months of the current fiscal 2019-20.

During the month of October, the country received $1,639.62 million while $1,476.91 million in September, $1,444.75 million in August and $1,597.69 million in July of the fiscal 2019-20.

But in 2018-19, the country got $1,239.11 million in October, $1,139.66 million in September, $1,411.05 million in August and $1,318.18 million in July.