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Submitted by Farria on
Thank you for your comments Tapas. The regression exercise was carried out on change in the level of remittance. In FY2008-09, although the change in the level of remittance inflow was around US$ 1.8 billion, there was a slowdown in the growth in remittance earning. Regarding your second comment, Taka per US$ received by remittance recipient increases with depreciation. Depreciation of the Taka/US$ exchange rate is therefore expected to provide incentive to the migrant workers to remit more. Your third point is well taken. Best Regards, Farria