The remittance inflow saw a 4.52% rise in January compared to the earnings of December 2021.

A report from Bangladesh Bank, published on Tuesday, says that the remittance sent by expatriates increased by around $74 million, or 4.52% compared to the previous month.

Expatriates sent $1.7 billion in January this year, which was $1.63 billion in December.

However, on a year-on-year basis, remittance inflow declined by around $257 million or 13.12% as expatriates sent $1.96 billion during the same period of last year.

During the first seven months of the current fiscal year, remittance inflows have reached $11.94 billion, which is 45.92% of the government’s target of $26 billion set for the current fiscal year.