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Tuesday, September 3, 2024

Remittances to Bangladesh surge

Bangladeshis living and working abroad remitted back more than $4 billion in the July-August period, central bank data showed.

• September 3, 2024
Remittance
Remittance

Bangladeshis living and working abroad remitted back more than $4 billion in the July-August period, central bank data showed.

According to the data, remittance, one of the key sources of foreign exchange for the impoverished nation, surged 39 per cent year-on-year to $2.22 billion in August.

Remittance was $1.91 billion in July.

Remittances mainly come from Middle East countries, such as the United Arab Emirates, Saudi Arabia, and Kuwait.

(Xinhua/NAN)

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