Bangladesh
4 days ago

Bangladesh receives $2.08b in remittances in 27 days of August

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Bangladesh received US$2.08 billion in remittances in the first 27 days of August.

In the same period of the previous year, the expatriates sent $1.97 billion. It means inward remittance flow grew by 5.9 per cent in comparison with the first 27 days of August 2024.

The expatriates have sent $4.56 billion in remittances so far (July to August 27, 2025) in the current fiscal year 2025-26 (FY26). In the previous fiscal year, expatriates sent $3.88 billion in remittances during the same period. Accordingly, remittances have grown by 17.5 per cent in the current fiscal year so far.

The gross foreign exchange reserves of Bangladesh rose to $31 billion, while it was $26 billion plus according to the IMF standard BPM6

The expatriates sent a record US$2.48 billion remittance in July (the first month) of the fiscal year 2025-26.

The FY25 fiscal year also saw a record-breaking remittance inflow, with a total of $30.33 billion. This represents a 27 per cent increase from the $23.74 billion received in the FY24, setting a new all-time high for a single fiscal year.

 

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