Bangladesh, May 4 -- Bangladesh recorded a strong inflow of remittances in April, with expatriates sending home US$3.12 billion, marking a 13.5 per cent year-on-year increase, according to the latest data released by Bangladesh Bank on Sunday.
In April last year, remittance earnings stood at US$2.75 billion, indicating a steady upward trend in migrant income transfers.
However, the April figure was lower than that of March this year, when the country registered a historic high of US$3.75 billion in remittances - the highest ever recorded in a single month.
Bankers attributed the exceptional March surge to increased transfers by expatriates ahead of Ramadan and Eid-ul-Fitr, periods traditionally associated with higher household spendin...
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