Despite the persisting volatility in the global economy and higher consumer prices in the western markets, Bangladesh’s merchandise shipment grew 5.89 per cent year-on-year to $5.13 billion in January, official data showed yesterday.
This was the second-highest single-month shipment in the history of the country. The previous highest was recorded in December when exporters brought home $5.35 billion.
The higher export earnings, along with rising remittance flow, would give some breathing space to the economy reeling under foreign exchange instability owing to US dollar shortages. Remittance flow to Bangladesh rose to a five-month high in January as expatriates sent home $1.95 billion.
Market news summary. Unilink shares news that affects importers and exporters in Bangladesh; this post summarises a published news report.
