Record $92.2 crore remittance inflow in first ten days of September
Aviation News Desk:
Inward remittance has registered a big jump in the first 10 days of the current month, with expatriates sending home $92.2 crore through the banking channel during the time.
The figure was 72.65% higher than $53.4 crore during the same time in September last year, according to data from the central bank.
The country raked in $57.2 crore in remittance in the first 10 days of August.
On July 1-9, expats sent home $74.6 crore, and the whole month’s remittance receipt was $260 crore, which was the single month’s highest inflow in the history.
In August, the country received $196 crore in remittance.
During the first two months of the current fiscal year, $456 crore in remittance arrived, which was 50% higher than the figure in the same period of the fiscal year 2019-20.
In the last fiscal year, the country received $1820 crore.
Riding on remittances, the country’s foreign exchange reserve has recently increased to $3900 crore.
