Remittances jumped 39% in August

Bangladesh experienced a significant boost in remittances in August 2024, the first month under the interim government. Inflows reached $2.2 billion, marking a nearly 39% increase compared to the same month last year when remittances stood at $1.6 billion. This surge in foreign currency sent by migrant workers and Bangladeshis living abroad provides a positive economic indicator for the country. The data, reported by the Bangladesh Bank, highlights a substantial improvement in remittance figures under the new administration.READ FULL