Stay updated with breaking news from Foreign Remittance. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Exchange rate management has become a frontline issue in Bangladesh in recent times. The sharp rise in the price of the dollar and the significant decline in the foreign exchange reserves within a short span of time have sent shock waves across the economy.
As per the agency, the firm started remitting the money in 2015 and has remitted an amount equivalent to Rs 5,551.27 cr till date in the guise of royalty to three foreign-based entities.
Dutch-Bangla Bank opened its 220th Branch at Rabindra Sarani, Uttara, Dhaka
The deal, signed at the head office of Oman Exchange LLC, will enable the beneficiaries to receive their remittances from Oman Exchange LLC through Jamuna Bank Limited very soon
CBN ‘naira-4-dollar’ policy may increase foreign remittance to $34bn Tope Omogbolagun The Central Bank of Nigeria’s ‘Naira-for-Dollar’ policy may increase the country’s foreign remittances to $34.89bn by 2023. Forecast by PricewaterhouseCoopers, one of the big four accounting firms, had suggested that Nigeria’s remittance flows could reach $34.89bn by 2023 if the policies were right. PwC in the forecast noted that the growth in remittances is subject to global economic forces, which could spur or hinder growth of remittance flows, growth in emigration, economic conditions of res...