Dhaka, May 01 (V7N)- In the fiIn the first 29 days of April, remittance inflow reached $2.6 billion, injecting approximately Tk 31,805 crore into the economy (calculated at Tk 122 per dollar), according to Bangladesh Bank sources.rst 29 days of April, remittance inflow reached $2.6 billion, injecting approximately Tk 31,805 crore into the economy (calculated at Tk 122 per dollar), according to Bangladesh Bank sources.
This translates to an average daily inflow of $90 million or Tk 1,970 crore, showing a healthy pace in overseas worker earnings being sent home.
In contrast, March recorded a total remittance of $3.29 billion, or about Tk 40,138 crore, averaging $106.1 million or Tk 2,295 crore per day.
As a result of this steady inflow, Bangladesh’s foreign currency reserves stand at $22.04 billion under IMF accounting standards. However, Bangladesh Bank's internal calculation puts the figure at $27.41 billion, excluding $5.36 billion in unavailable or encumbered funds.
It is worth noting that the country’s forex reserves peaked at $48.06 billion in August 2022, marking a significant decline since then.
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