According to the annual report of the Swiss National Bank (SNB), Bangladeshis deposited 871.1 million Swiss francs in 2021. The amount was 55.3 million Swiss francs in 2022, a 93.7 per drop compared to the previous year.
The central bank of Switzerland published the report on Thursday. Analysts told local news outlets that the dollar crunch could be a reason behind a major slump in the size of deposits by Bangladeshis within a year.
Source: The Financial Express