Remittance inflow stands at Tk 16,008.84 crore in first half of Feb
Staff Correspondent
Bangladesh received USD 1,312.22 million (Tk 16,008.84 crore) in remittance during the first 15 days of February, according to the latest data from Bangladesh Bank.
This marks an average daily inflow of USD 87.4 million (Tk 1,065.08 crore).
State-owned banks accounted for USD 466.55 million (Tk 5,693.91 crore) of the total remittance, while specialised banks facilitated USD 88.79 million (Tk 1,083.24 crore).
Private commercial banks received the highest share, bringing in USD 753.9 million (Tk 9,197.58 crore), whereas foreign banks handled only USD 3 million (Tk 36.6 crore).
On 1 February alone, Bangladesh recorded a remittance inflow of USD 186.4 million (Tk 2,274.08 crore).
During the week from 2 to 8 February, expatriates sent USD 652.32 million (Tk 7,967.10 crore), while the following week, from 9 to 15 February, saw an inflow of USD 641.27 million (Tk 7,827.99 crore).
The steady remittance flow remains a crucial source of foreign exchange for the country, aiding in stabilising the economy amid external financial challenges.
