Expatriate income increased

in #news7 years ago

Due to the increased dollar exchange rate, the expatriate income or remittance of legal channels has increased in the country. In March last year, expatriates have sent 130 billion dollars in legal path, which is about 21 percent more than in March 2007. In March last year, the country's expatriate income was $ 107.77 million. In January this year $ 137 million 97 million dollars And in February it came to 114 million and 90 million dollars. This information has been reported from the expatriate income-related report of Central Bank.

When the expatriates send 1 dollar their relatives in Bangladesh are now getting 83 rupees from the bank, which was 80 rupees below. That is why expatriates are sending income to legitimate channels, said bank officials. In addition to the dollar crisis in the country, officials of the exchange house are now collecting more dollars than ever before.
According to the Bangladesh Bank report, the expatriates sent $ 1, 76 billion and 12 million dollars to the banking channel in the first nine months (July-March) of the current fiscal year 2017-18. At the same time of the last fiscal year, which amounted to 919 million and 45 million dollars As compared to the same period of the previous year, expatriate income increased by 17 percent in nine months of the current fiscal year.
Statistics of the central bank's statistics showed that in December last year remittance came to $ 116 million. In November, $ 124 million, $ 116 million, 27 million dollars in October, 85 million 68 million dollars in August, 141 million 45 million dollars in August and 115 million 55 million dollars remittance in the beginning of the fiscal year expatriates.
Central bank officials say the dollar crisis in the banks is going on, the exchange rate has also increased. At the same time last year, at the same time, the maximum amount of money received in the bank was 80 taka, now it is more than 83 taka. Due to this the dollar has increased by the banks. In addition, the income generated by the development of mobile banking service providers was reduced - there was a slight decrease.

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