observerbdhace 55d
Forex reserves rose to around $34.06 billion just days before the national election, thanks to higher remittance inflow giving the central bank a visible cushion in a politically sensitive moment and signaling tighter grip on the dollar market.Inflow of remittances witnessed a year-on-year growth of 53.9 percent reaching $1,032 million in the first eight days of February, according to the latest data of Bangladesh Bank (BB) issued today.Last year, during the same period, the country's remittance inflow was $671 million. Expatriates sent remittances of $20,465 million during the period, which was $16,633 million during the same period of the previous