20.4pc remittance growth in 10 days of August

Remittance inflow from August 1 to 10, 2022 was $813 which was $675 from August 2 to 10 in the bygone year

The country has registered 20.4 percent growth in remittance earning in first ten days in August 2022 compared to same period last year.

A data of the Bangladesh Bank said remittance inflow from August 1 to 10, 2022 was $813 which was $675 from August 2 to 10 in the bygone year.

It also claimed that remittance earning from July 2022 to August 10, 2022 was $2,910mn and the figure stood at $2,540mn same time in the previous year, marking 14.3 percent growth.

Meanwhile, the central bank sold $122m for BPC’s LNG import and fertiliser procurement on Thursday (August 11).

The BB sold total $1,725bn ($1,136m in July and $589m from August 1 to 11).

Forex reserve was $39.59bn on August 11 while LC opened worth $1.61bn from August 1 to 11, 2022; $2.55bn same time in July and $2.33bn in June.