Remittance jumps 15.59% in June

Remittance inflow to Bangladesh increased significantly in June 2024, reaching $2.54 billion, a 15.59% rise from the previous year. This surge is attributed to increased transfers from migrant workers for Eid-ul-Azha. For the entire 2023-24 fiscal year, Bangladesh received $23.91 billion in remittances, marking a 10.66% year-on-year increase. This growth indicates a positive trend in foreign currency inflows for the country. Source Daily Star