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Tuesday, January 1, 2013

Record amount of Remittance inflows!

The first day the new year brings wonderful new for the economy. Non-resident Bangladeshis sent an record amount of $14.2 billion in 2012. Sharp increase in manpower exports in 2010 and 2011 and rapid depreciation of Taka against US$ since early 2012 were the basic reasons of this success. Obviously, people were encouraged to send money through former bank channel, thanks to the efforts made by Bangladesh Bank and all commercial banks.

Report on the news. 

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