HomeGlobal EconomyRemittances increased by 19 percent in February around Roza-Eid

Remittances increased by 19 percent in February around Roza-Eid


February saw a significant jump in expatriate income or remittance flows ahead of fasting and the upcoming Eid-ul-Fitr. In February this year, expatriates sent home 3.02 billion (302 million) US dollars, which is 19.15 percent more than the previous month. Bankers say that expatriates have sent relatively more money to the country last month to meet the additional expenses of the family on the occasion of holy Ramadan and Eid-ul-Fitr. As a result… details

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