Strong flow of remittance of Bangladeshi workers from around the world has helped to boost the foreign exchange reserve in the country. At the end of April 2010, the reserve stands at $10.60 Billion. At the end of March 2010, it was $10.14 billion. The growth has happened despite spending more money on imports compared to a year ago. In the first quarter of 2009, Bangladeshi companies did not import a lot as the global economy was suffering from recession. So, there was a prediction in the first six months of 2010, imports would increase.
It is estimated that nearly 6 million
Bangladesh workers live in different countries and more than half of them are working in the Middle East.