Remittance set to cross US$ 6 billion

With continuous growth in remittance in the last four months, Bangladesh's remittance inflow is set to cross 6 billion U.S. dollars this financial year.

The remittance inflow reached 561.92 million dollars in May, 545.93 million dollars in April, 537.29 million dollars in March and 500.32 million dollars in February of this year.

Bankers said the government's recent measures against "hundi", an illegal way of money transfer, encouraged the Bangladeshi wage earners to send money home through legal channels.

News via Xinhuanet