Remittance Crosses $2b in First 23 Days of June

Last updated: June 24, 2024

Inward remittances to Bangladesh crossed $2 billion in the first 23 days of June, as the country's migrant workers typically send more money to their relatives ahead of the major religious festival for Muslims.

Eid-ul-Adha, the major religious festival for Muslims, was celebrated in Bangladesh on June 17.

Remittances crossed $2 billion mark as well in May, making a 38% increase compared to the same period last year.

This brings the country's remittances above the $2 billion mark for three consecutive months.

Remittance inflow to Bangladesh rose 21.31 percent year-on-year to $2.04 billion in April due to Eid-ul-Fitr.

In March, $1.99 billion entered Bangladesh as remittance, central bank data showed.

BBN/AN/SS

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