Dhaka, Nov 03 (V7N)- Bangladesh saw a continued rise in remittance inflows through October, reaching $2.3 billion, a trend that has persisted since the change in government leadership. This figure reflects a growth compared to October 2023, when remittances totaled $1.97 billion.

Bangladesh Bank spokesperson and executive director, Hosne Ara Shikha, confirmed this to the media on Sunday. In September, remittance inflows had been even higher, totaling $2.4 billion, marking an annual increase of 16.75 percent over the past year.

As of October 30, the nation’s foreign exchange reserves stood at $19.87 billion, measured using the BPM6 standard, an international guideline for calculating forex reserves mandated by the International Monetary Fund.

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