Remittance rises by 89pc in April

Inflow of remittance rose by 89.11 per cent in the month of April as expatriate Bangladeshis sent more money to their families here ahead of Eid-ul-Fitr.

According to data provided by the Bangladesh Bank, expatriates sent $2067 million in April, up by 89.11 per cent compared to $1093 million in the same period last year. 

However, during the July-April period, the first 10 month of the current fiscal year remittance inflow rose by 39 per cent year-on-year to $20 billion, the highest ever for the corresponding period.