Dhaka, Bangladesh (BBN)-Bangladesh in the first half of the current fiscal year 2015-16 ending in December received 7.48 billion US dollars in remittances from its millions of expatriate workers, a central bank official said Tuesday.
The Bangladesh Bank (BB) official who preferred to be unnamed said some 10 million Bangladeshis, living and working abroad, in the first half of the current fiscal year remitted home 7.48 billion US dollars, a little less than what they sent in the same period in the previous financial year, reports the Xinhua.
In July-December period of the previous 2014-15 fiscal year, non resident Bangladeshis sent home 7.49 billion US dollars.
According to the BB official, overseas Bangladeshis in December sent home 1.31 billion US dollars, 2.57 percent more than December, 2014.
The inflow remittances, one of the key sources of foreign exchange for the nation, from non-resident Bangladeshis in the 2014-15 fiscal year which concluded in June reached a record high of 15.3 billion US dollars, the BB data showed.
Most of the remittances come from Saudi Arabia, the United Arab Emirates, the United States, Kuwait, Britain, Malaysia, Oman, Qatar, Singapore, Bahrain, Italy and Australia, according to the bank.