Bangladesh, Aug. 21 -- Inward remittances through mobile financial services (MFS) declined by nearly 21 per cent in June over the previous month, according to Bangladesh Bank (BB).

According to the BB figures, wage-earner remittances received through MFS stood at Tk 22.29 billion in June compared to Tk 28.18 billion in May.

The decline was recorded in both rural and urban areas, indicating a slowdown in the inflow of wage-earner remittances through digital financial channels during the month.

Remittance inflow through MFS in rural areas fell to Tk 12.40 billion in June from Tk 15.66 billion in May and that of urban areas declined to Tk 9.88 billion from Tk 12.52 billion during the same period.

An MFS official, preferring anonymity, s...