DHAKA – The flow of inward remittance bounced back in the outgoing fiscal year 2017-18 (FY18) after a falling trend in the previous fiscal 2016-17 (FY17) as Bangladesh Bank (BB) took some measures to streamline the legal channel for encouraging the non-resident Bangladeshis (NRBs) to send home money. Bangladeshi expatriates sent US$14,978.86 million remittance in FY18, which is 17.30 percent higher than the amount received in the preceding fiscal, according to BB. The country received $12,769.45 million remittance in 2016-17 fiscal. In 2015-16 fiscal, the amount was $14,931.18 million while … Continue reading Remittance inflow rebounds in FY18