Remittance inflow declined by 21.47 per cent to $1.59 billion in August compared with that of $2.03 billion in the same month in the previous year, according to Bangladesh Bank data.

The August figure was also lower than the previous month’s remittance earnings of $1.97 billion.

As per Bangladesh Bank (BB) available data, state-owned banks brought in $183.19 million while 43 private sector banks brought $1,376.02 million remittances.

The highest $340.17 million remittance came to the country through Islami Bank Bangladesh Ltd.

BDST: 0950 HRS, SEP 04, 2023
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