{"id":10817,"date":"2024-09-01T16:38:09","date_gmt":"2024-09-01T13:08:09","guid":{"rendered":"https:\/\/dailyenglishtimes.com\/?p=10817"},"modified":"2024-09-01T16:38:09","modified_gmt":"2024-09-01T13:08:09","slug":"remittance-inflow-sees-38-88pc-growth-in-august","status":"publish","type":"post","link":"https:\/\/dailyenglishtimes.com\/?p=10817","title":{"rendered":"Remittance inflow sees 38.88pc growth in August"},"content":{"rendered":"<p>Staff correspondent<\/p>\n<p>Expatriate Bangladeshis sent US$2221.32 million remittances in August, 2024 which was 38.88 percent higher than the corresponding month of the previous year.<\/p>\n<p>The country received $1,599.45 million from overseas workers in August 2023, according to the central bank data.<\/p>\n<p>During July to August in the current 2024-25 fiscal year, expatriate Bangladeshis sent $4,135.09 million remittances against $3,572.6 million for the same period of the previous fiscal.<\/p>\n<p>Talking to BSS, a senior official of the central bank said Bangladesh Bank has taken different steps to increase remittance to overcome the foreign exchange crisis and increase reserves.<\/p>\n<p>These measures have had a positive impact on expatriate income or remittance coming into the country, he added.<\/p>\n<p>According to the BB data, in August, six state-owned commercial banks &#8211; Agrani, Janata, Rupali, Sonali, Basic and BDBL &#8211; received $383.46 million while one state-owned specialized bank- Bangladesh Krishi Bank- received $78.12 million.<\/p>\n<p>Of the state-owned banks, Agrani Bank received $96.89 million, Janata Bank $155.88 million, Rupali Bank $100.65 million, Sonali Bank $29.96 million and Basic Bank received $0.07 million.<\/p>\n<p>Besides, the expatriates have sent $1755.04 million through private commercial banks.<\/p>\n<p>The highest US$405.23 million remittance came to the country through Islami Bank Bangladesh Ltd<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Staff correspondent Expatriate Bangladeshis sent US$2221.32 million remittances in August, 2024 which was 38.88 percent higher than the corresponding month of the previous year. The country received $1,599.45 million from overseas workers in August 2023, according to the central bank data. During July to August in the current 2024-25 fiscal year, expatriate Bangladeshis sent $4,135.09 million remittances against $3,572.6 million for the same period of the previous fiscal. Talking to BSS, a senior official of the central bank said Bangladesh Bank has taken different steps to increase remittance to overcome<\/p>\n","protected":false},"author":1,"featured_media":10818,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9],"tags":[],"class_list":["post-10817","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/dailyenglishtimes.com\/index.php?rest_route=\/wp\/v2\/posts\/10817","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyenglishtimes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyenglishtimes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyenglishtimes.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyenglishtimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10817"}],"version-history":[{"count":1,"href":"https:\/\/dailyenglishtimes.com\/index.php?rest_route=\/wp\/v2\/posts\/10817\/revisions"}],"predecessor-version":[{"id":10819,"href":"https:\/\/dailyenglishtimes.com\/index.php?rest_route=\/wp\/v2\/posts\/10817\/revisions\/10819"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyenglishtimes.com\/index.php?rest_route=\/wp\/v2\/media\/10818"}],"wp:attachment":[{"href":"https:\/\/dailyenglishtimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyenglishtimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyenglishtimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}