Monday 9 February 2009

Global financial meltdown fails to affect remittance flow to Bangladesh

Dhaka, Feb 7 (APP): The global financial meltdown has not yet affected inflow of workers’ remittances into Bangladesh.

Officials of the central Bangladesh Bank (BB) said Saturday, the inflow of remittance to the country is increasing despite the fear that the global economic recession will reduce it drastically.

The country received $860 million as remittance in January, according to a provisional estimate by the BB.

The amount is the highest in the last seven months and is up by almost 22 per cent over remittance in the same month of the previous year, said a senior BB official. Read more


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