Wage earners remittance inflow, one of the key sources of foreign exchange for Bangladesh, rose by 21.38 per cent in November to $1.93 billion, when compared year-on-year.
The amount was $1.59 billion in the same month of previous year, according to Bangladesh Bank data released on Sunday. However, the November figure is 2.52 per cent lower than the October amount of $1.97 billion.
During the first eleven months (January-November) of 2023, the country’s remittance inflow stood at $19.58 billion, compared to $19.94 billion recorded in the same period last year.
Bangladesh posted the lowest remittance inflow in August and September of 2023, raising concerns for the economy.
