May sees second-highest monthly remittance in Bangladesh’s history

Bangladesh recorded its second-highest monthly remittance inflow in history in May, receiving $2.97 billion, according to official data.

The figure marks a 31.70 per cent year-on-year increase compared to the $2.25 billion remitted in May 2024.

With this latest inflow, total remittance earnings for the first eleven months of the current fiscal year (FY 2024–25) have reached $27.51 billion—providing much-needed relief to the country’s foreign currency reserves.

The robust growth is seen as a positive sign for the economy, which continues to grapple with foreign exchange shortages.

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