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Expatriate Bangladeshis sent $1.7 billion in foreign exchange or remittances to the country on January this year, Bangladesh Bank sources confirmed.
In Bangladeshi currency, the amount is equivalent to Tk 14,620 crore (Tk 86 per dollar), which is more Tk 600 crore more compared to the previous month December. Compared to the same month last year (January 2021), remittances have decreased by Tk 2,236 crore this time.
According to the data of the Central Bank, in the first month of January 2022, the expatriate Bangladeshis sent $1.6 billion to the country. In January 2021, remittances to the country reached 196 crore dollars or 16 thousand 856 crore taka in Bangladeshi currency.
In the first seven months of the current financial year, remittances reached $11.94 billion which is only 45.92% of the government’s projected target.
(DS)
