<div><b><span style="font-size: 1rem;">In anticipation of Eid ul Adha, Bangladeshis abroad sent back $1.79 billion in inward remittances in the first 23 days of the current month (June), finally gaining some pace through official channels after a lacklustre few months.</span><br></b></div><div><br></div><div>The figure has already eclipsed the entire month of May figure, which was $1.69bn, with a full week still left. If the trend continues, remittances in June would exceed the $2bn mark by the end of the month. Although this mark was breached in March ($2.02 billion), the flow of remittances in April ($1.68bn) and May ($1.69bn) was again disappointing.</div><div><br></div><div>Bangladesh Bank officials noted that people spend more on the Eid festival. On occasion of Eid ul Adha, many expatriates would have their qurbani (sacrifice, usually of cattle) at home through their relatives. So a hike was to be expected in the last month of the 2022-23 fiscal. According to UNB reports</div><div><br></div><div>bnbd24/fas</div>