Remittance surge: $810 million in first 10 days of May
BY Insider Desk
May 13, 2024

According to sources from the Bangladesh Bank, expatriate Bangladeshis sent a substantial $810 million in remittances back home during the first ten days of May.
A local television channel citing central bank sources reported that $93.95 million of this total was channeled through state-owned banks, $1.86 million through specialized banks, $715.13 million through private banks, and $2.84 million through foreign banks.
In April, migrant workers sent $731 million, followed by $679 million in March, $718 million in February, and $763 million in January.
Over the past few months, Bangladesh has witnessed consistent inflows of remittances.
In April alone, the country received a significant sum of $2.04 billion in remittances. This was preceded by $1.99 billion in March, $2.16 billion in February, and $2.10 billion in Januar.
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