Sheikh Hasina left the country by resigning from the post of Prime Minister on August 5 in the face of the unforgettable coup of the students. Through this, 16 consecutive years of Awami League’s unprecedented misrule and arbitrariness came to an end. The pace of remittances has increased since then.In the first 28 days of August, the country’s expatriate income or remittance exceeded two billion dollars.

The relevant department of the Central Bank confirmed this information to Dhaka Post on Thursday (August 29).

According to the data of the central bank, 207 crore 10 lakh (2.07 billion) US dollars remittances came through legal channels on 28 days of this August. In local currency the amount is 24 thousand 852 crores. This number of remittances has come up by 45 percent compared to the same period of the previous year. In August last year (2023), remittances came in 143 million dollars in 28 days.
In July, the first month of fiscal year 2024-25, remittances of USD 1,913,580,000 came into the country, which is the lowest in the previous 10 months. Earlier, in September 2023, remittances came in at $1.33 billion.
197 crore 31 lakh in July, 159 crore 94 lakh in August, 133 crore 43 lakh in September, 197 crore 14 lakh in October, 193 crore in November, 199 crore 12 lakh in December, 211 crore 31 lakh in January, 216 crore 45 lakh in February, In March, 1997 crores, in April 204 crores 42 lakhs, in May 225 crores 38 lakhs and in June came 254 crores 16 lakhs US dollars.

Meanwhile, the increase in remittances has had a positive effect on the country’s foreign exchange savings or reserves. On Thursday (August 29), Bangladesh Bank published this information on August reserves. According to published data, the country’s foreign currency gross or total reserve stands at two thousand 565 million US dollars (25.65 billion). According to International Monetary Fund (IMF) accounting method BPM-6, reserves are now 2,600 million dollars (20.60 billion).