Remittance inflow rises by 31.5pc in 29 days of July

Inflow of remittances witnessed a remarkable year-on-year growth of 31.5 percent, reaching US$2,276 million in the 29 days of July, according to the latest data of Bangladesh Bank (BB) issued.

During the same period last year, the country’s remittance inflow was $1734 million, reports BSS.

Expatriate Bangladeshis sent a record $30.33 billion in remittances in the fiscal year 2024-25 (FY25), marking the highest amount ever received in a single fiscal year in the country’s history.

This figure reflects a 26.80 percent increase compared to the $23.91 billion received in the previous fiscal year (FY24).