BD received $1.05B remittances in first 12 days of April

This amount reflects a daily average remittance of $87.69 million sent by expatriates during the period.

While the flow remains significant, it marks a slight decline compared to the same timeframe in March, when the country recorded its highest remittance inflow in recent months.

In March, remittances totalled $3.29 billion, averaging $109.85 million per day, reports UNB.

Despite the dip, remittance continues to be a key source of foreign currency for the country’s economy, experts said.