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$265mln remittance in Feb 1st week

Business Desk |
Update: 2015-02-14 02:26:00
$265mln remittance in Feb 1st week

DHAKA: The amount of inflow of remittance in the first week of February was US $265 million, said the latest report of Bangladesh Bank on Saturday.

The report shows that the expatriate Bangladeshis sent $92.6 million remittances through four state-owned commercial banks - Agrani, Janata, Rupali and Sonali, while $4.32 million through four state-owned specialized banks.

The remittance came through the private commercial banks was at $164 million while foreign banks received $4.33 million only.

However, $1234 million was received as remittances in January.

Currently, the country has $22 billon reserve, which will be well enough to meet the import expenditure for seven months, said the report.

BDST: 1250 HRS, FEB 14, 2015

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