Remittance dipped in March ahead of Eid-ul-Fitr, in a departure from the historical trend that saw inflows take a spike centring on the biggest festival in the country.
Remittance dipped in March ahead of Eid-ul-Fitr, in a departure from the historical trend that saw inflows take a spike centring on the biggest festival in the country.
A majority of banks in Bangladesh are depending on the call money market and central bank to fund their activities due to an intensifying liquidity crisis in the banking sector.
Bangladesh and India on July 11 rolled out the cross-border trade settlement in the rupee to cut the dependence on the US dollar, but transaction figures illustrate a dearth of interest in carrying out businesses in the Indian currency.