Bangladesh's July-January remittances reach nearly 16 bln USD

DHAKA, Feb. 3 (Xinhua) -- Remittances from millions of non-resident Bangladeshis in July-January period of the current fiscal year (FY) 2024-2025 totaled nearly 16 billion U.S. dollars, the latest central bank data showed. According to the data, the inflow …

Workers' remittances rise to $6.57 bn in 2024

Sri Lanka's workers' remittances reached $6,575 million in 2024, reflecting a 10.1% growth from $5,970 million in 2023, according to the Central Bank of Sri Lanka (CBSL). In December 2024 alone, remittances totaled $614 million

Inward remittances reach $2.19b in January 

Inward remittances reach $2.19b in January  DHAKA, Feb 02, 2025 (BSS) – Inward remittances sent home by expatriate Bangladeshis rose to 13.4 percent year-on-year to $2.19 billion in January, according to Bangladesh Bank's latest data. The remittance …

Nepal's remittances, forex reserves keep growing

KATHMANDU, Feb. 2 (Xinhua) -- Nepal continued to see its remittance inflow and foreign exchange reserves go up in the first half of the 2024-25 fiscal year, the central bank said on Sunday. The forex reserves stood at 16.84 billion U.S. dollars by mid- …

OPINION ǀ The futility of homeward poverty-alleviating remittances

AMONG the ethnic groups in the Marianas, Filipinos, whether as overseas Filipino workers or as Filipino Americans, are among the largest. As a cultural and economic practice, they remit to the Philippines substantial amounts generally as economic …

Remittances grow 3% in January

Remittances grew 3 percent year-on-year to $2.18 billion in January 2025 and this happened at a time when Bangladesh Bank imposed a ceiling on banks for remittance collection. As a result, total remittances in the July-January period of the 2024-25 fiscal …

Nepal receives Rs 763 billion in remittances in six months; foreign exchange reserves reach Rs 2.3 trillion

Building of Nepal Rastra Bank. KATHMANDU: Nepal’s remittance inflow increased by 4.1%, reaching Rs 763.08 billion, according to Nepal Rastra Bank in the first six months of the current fiscal year. In the same period last year, remittance inflow had surged …

Indian Investors Go Global: 78% surge in overseas remittances for equity and debt investments

By Arihant Bardia In a year marked by transformative investment strategies, one figure has captured the imagination of investors: 78%. That’s the staggering year-on-year increase in overseas equity and debt investments under the Liberalised Remittance …

Moroccan Diaspora Remittances Reached $11.7 Billion in 2024>

More funds for international trips as Union Budget boosts TCS limit for foreign remittances