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Bangladesh protests highlight how remittances move to unofficial channels

currencycoach by currencycoach
October 7, 2024
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Bangladesh protests highlight how remittances move to unofficial channels
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For countries in Asia that are dependent on remittances, the recent political unrest in Bangladesh has highlighted how citizens overseas are choosing to use the payments they are sending back home to register their protest against the government. 

The protests in Bangladesh, which began in early July as student protests, culminated in the resignation of Prime Minister Sheikh Hasina at the beginning of August. Civil unrest among citizens extended to those living overseas, as the amount of remittances sent during the period dropped. 

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Tags: BangladeshChannelshighlightmoveprotestsremittancesunofficial
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