
Bangladesh's overall remittance reached nearly 7 billion U.S. dollars during the first half of the current fiscal year (July 2013-June 2014), a central bank official said Monday. Quoting provisional data, the Bangladesh Bank (BB) official who preferred to be unnamed said "inflow of remittances from Bangladeshis fell by about 9 percent year on year to 6,778.57 million U.S. dollars in the first half of 2013-14 fiscal year ( July 2013-June 2014)." He said the flow of inward remittances in the last month was 5. 50 percent lower than that in the same period a year earlier. According to the official, the country's political instability surrounding the Jan. 5 parliament elections, among other factors, has taken toll on the inflow of remittance. The inflow of remittances by millions of non-resident Bangladeshis in the 2012-13 (July 2012-June 2013) fiscal year reached a record high of nearly 15 billion U.S. dollars, about 13 percent higher than the same period a year ago.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:06 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 16:17 2018 Monday ,12 November
Egypt working on 4-year plan to increase growth rateGMT 12:45 2018 Friday ,09 November
Egyptian agriculture products introduced to Japanese markeGMT 11:42 2018 Friday ,02 November
Turkey's new mega airport, boon for slowing economyGMT 13:42 2018 Monday ,29 October
Egypt's trade volume hits $67.63 bln over 9 monthsGMT 15:13 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 14:46 2018 Thursday ,11 October
Economy and energy dominate agenda in Russian-Slovak relationsMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor