Expatriate Bangladeshis contributed a record-high of US$2.16 billion in remittances during February, marking the highest figure in the past eight months.
This substantial increase of 38.46% compared to the same month last year, as reported by Bangladesh Bank, comes as a significant boost to the country’s foreign exchange reserves. Notably, June 2023 had witnessed a slightly higher remittance inflow at $2.19 billion.