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A file photo shows a man counting US dollar notes at a currency exchange house in the capital Dhaka. Multiple exchange rates and a large deviation between formal and informal rates have diverted remittance inflow from the official to the hundi channel, according to a World Bank report. | 抖阴精品 photo

FOR the last couple of months, we have observed a positive trajectory in our foreign remittance inflow. Data disclosed by the central bank demonstrates that remittance inflow for the months of April, May and June 2024 has crossed the $2 billion mark for the respective months. This is not only heartening news but also a sign of optimism and a ray of hope during a pressing time when the country has been experiencing a persistent decline in foreign currency reserves and imposing rationing of imports.

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