Dhaka receives highest remittance in Jul ‘23- Feb ‘24

Expatriates in Dhaka district sent the highest remittance through legal channels between July 2023 and February 2024, followed by Chattogram, Sylhet, and Cumilla. Bangladesh received $15.07 billion in remittances during this period, with Dhaka alone receiving $5.23 billion. Remittance increased by 3% to $29.10 billion in 2023 from 2021, but was lower than expected due to permanent expatriate settlements and money laundering. Banks purchased dollars at higher rates due to a dollar crisis, leading to increased remittance inflow.(photo/prothomalo)