Bangladesh received remittances amounting to US$1.05 billion in the first 12 days of April, according to the latest data released by Bangladesh Bank.
This amount reflects a daily average remittance of $87.69 million sent by expatriates during the period.
While the flow remains significant, it marks a slight decline compared to the same timeframe in March, when the country recorded its highest remittance inflow in recent months.
Bangladesh receives $18.49 billion in remittances over 8 months
In March, remittances totalled $3.29 billion, averaging $109.85 million per day.
Despite the dip, remittance continues to be a key source of foreign currency for the country’s economy, experts said.