Remittances increased by 3% in January
Remittances rose by 3% year-on-year to $2.18 billion in January 2025, despite Bangladesh Bank imposing a ceiling on banks for remittance collection.
As a result, total remittances for the July-January period of the 2024-25 fiscal year grew by 24% year-on-year, reaching $15.96 billion, according to data released by Bangladesh Bank today. In January of the previous year, remittance inflows had risen by 7% year-on-year.
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