Off the wire
• Xinhua world news summary at 1530 GMT, July 2  • China eyes breakthroughs in equipment manufacturing  • First single air safety authorizations issued by EU to 22 third country operators  • China continues to play constructive part in resolving Iran's nuclear issue: FM  • Bird flu detected in Turkey's most crowded city  • Top advisory body discusses rural land rights  • Bill Clinton tours Vietnam  • China stock watchdog to investigate market manipulation  • Pakistan rejects Afghan complain on border constructions  • Clashes, air strikes against IS militants kill 72 in Iraq  
You are here: 　 Home

Bangladesh receives record 15.3-bln-USD remittance in outgoing financial yr

Xinhua, July 2, 2015 Adjust font size:

Bangladesh received record 15.3 billion U.S. dollars in remittance from residents working abroad in the last fiscal year, a central bank official said on Thursday.

Remittance for the year of 2014-15 recorded a 7.5 percent rise from the previous year, Kazi Sayedur Rahman, general manager of Bangladesh Bank's foreign exchange said.

In the 2013-14 fiscal, Bangladesh received nearly 14.23 billion U.S. dollars in remittance.

The World Bank said some 15 billion U.S. dollars came as remittance in Bangladesh during the whole of 2014, what made the country eighth-largest remittance corridor.

With the recent reopening of the labor market in Saudi Arabia, experts say the remittance inflow in Bangladesh will rise even more in the coming days. Endi