Taka To Dhaka: Cash Remittances From Bangladeshi Migrant Workers Keep Declining

Cash remittances to Bangladesh from its global diaspora of migrant workers - the country's second largest source of foreign exchange behind the garment industry - continue to slide. The Bangladesh Bank, the country's central bank, reported that in January, such remittances totaled $1.25 billion, a 5.8 percent decline from the year-earlier period, and the sixth consecutive month of falling inflows. From July 2013 to January 2014, the first seven months of the current fiscal year, remittances amou...