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Remittance continues to drop in August

by BIZDATA INSIGHTS
September 6, 2021
in Economy, Forex & Remittance
0
Recruiting agencies may push high tax burden on migrant workers

According to the Bangladesh Bank, remittances sent by expatriates to the tune of $1,810 million in August. 

The figure was $1.96 billion in August 2020.

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In the first month of the current FY 2021-22 July, the remittance has dropped by about 3.25 per cent in August. 

In July, the expatriates sent $1.87 billion and remittance inflow declined 8 per cent year-on-year in August to $1.8 billion, the lowest in the past six months. 

Source:

Dhaka Tribune 

BIZDATA INSIGHTS
Author: BIZDATA INSIGHTS

Tags: BBEconomyForex & Remittance
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