Friday, 6 July 2007

BANGLADESH: Remittances To Bangladesh Reach $6 Billion

July 4, 2007 12:12 p.m. EST
Siddique Islam - AHN South Asia Correspondent
Dhaka, Bangladesh (AHN) - Remittances sent by Bangladeshis working abroad reached nearly $6 billion, a record in the country's history, in fiscal 2006-07 that ended June 30, officials said in the capital, Dhaka on Wednesday.

"We expected that the remittances would cross $6 billion mark, but it slightly dropped in June last due mainly to less working days and bank holiday," a senior official of the Bangladesh Bank (BB), the country's central bank, told AHN in Dhaka on Wednesday.

The amount is 24.52 percent higher than that of the previous fiscal, they added. [Read more]

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