Remittance drops in May, piling pressure on forex
Remittance flows to Bangladesh declined 13.15 per cent year-on-year in May as higher rates of US dollars in the informal markets are prompting many migrant workers to shun formal channels, creating additional pressure on the country's already heated foreign exchange market.
Saudi Arabia United Arab Emirates United States Monzur Hossain Syed Mahbubur Rahman Mustafizur Rahman
Source: thedailystar.net