Sunday, 5 October 2008

Bangladesh: Remittance fetches $2.05b in first quarter

The country fetched total $2054.64 million as remittance during the first quarter of the current fiscal (July to September 2008).

The wage earners' remittance during September this year totaled to $512 million, while it was $721.92 million during August month and $820.71 million in July this year, according to a recent statistics of the Bangladesh Bank.

The remittance sent during September last year was $590.67 million, while it was $470.95 million in August 2007 and $567.11 million in July. The inward wage earners' remittance sent through Nationalised Commercial Banks during September 2008 amounted to $167.09 million, while it was $331.89 million through Private Commercial Banks and $8.52 million through foreign commercial banks. [Read more]

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