Remittance
Remittances surpass $2b in first 19 days of August
Bangladesh received more than US$2 billion in remittances in the first 19 days of August, maintaining strong growth in foreign currency inflows, according to the latest data from Bangladesh Bank.
From August 1 to 19 of the current fiscal year (FY2026-27), Bangladeshi expatriates sent home $2.03 billion, marking a 29.1 percent increase from $1.57 billion received during the same period of the previous fiscal year.
On August 19 alone, remittance inflows stood at $64 million.
Cumulative remittance receipts from July 1 to August 19 of FY27 reached $4.89 billion, up 20.7 percent from $4.05 billion recorded during the corresponding period of FY26.
Central bank officials attributed the sustained growth in remittance inflows to improved banking channels, competitive exchange rates and policy support encouraging expatriate Bangladeshis to send money through formal channels.
2 days ago
Remittance soars 41.4% to $1.788 billion in first 16 days of August
Bangladesh received US$ 1.788 billion in remittances during the first 16 days of August, registering a sharp 41.4 percent growth compared to the same period of the previous year.
According to the latest data released by Bangladesh Bank on Monday, remittance inflows stood at $1.264 billion during the corresponding period (August 1-16) last year.
In the four days between August 13 and August 16 alone, expatriate workers remitted $289 million into the country through formal banking channels.
The strong momentum in August further consolidated cumulative remittance earnings for the current fiscal year.
Total remittance inflow from July 1 to August 16, 2026 reached $4.647 billion – up by 24.2 percent from $3.742 billion recorded during the same period in fiscal year 2025-26. This represents an increase of $905 million in overall remittance receipts year-on-year.
Financial analysts and central bank officials attribute the robust upward trend to increased formal-channel banking transfers and steady participation by Bangladeshi expatriates abroad, providing a significant boost to the country's foreign exchange reserves and macroeconomic stability.
5 days ago
Bangladesh sees 45.6% remittance growth in first 11 days of Aug
Bangladesh received US$1.38 billion in remittances during the first 11 days of August 2026, registering a robust 45.6 percent growth compared to $954 million received during the same period of the previous year.
According to the latest data from Bangladesh Bank, Bangladeshi expatriates remitted $127 million on August 11 alone.
Cumulative remittance inflows from July 1 to August 11, 2026, in the fiscal year 2026-27 reached $4.24 billion, reflecting a 23.8 percent growth from $3.43 billion received during the corresponding period of the previous fiscal year.
Meanwhile, as of August 10, 2026, the country's gross foreign exchange reserves stood at $36.96 billion.
According to the IMF's Balance of Payments and International Investment Position Manual (BPM6) methodology, usable foreign exchange reserves stood at $32.15 billion.
10 days ago
Remittance surges to $1.14 billion in first nine days of August
Bangladeshi expatriates sent home US$1.14 billion in remittances during the first nine days of August 2026, marking a 69.2 percent increase from $675 million received during the corresponding period last year.
According to data released by Bangladesh Bank, remittance inflow stood at $205 million on August 9 alone.
Remittance inflows jump 15.4 percent to $2.85bn in July
The cumulative remittance inflow since the beginning of the current fiscal year on July 1 reached $4.0 billion as of August 9, up 26.9 percent from $3.15 billion received during the same period of the previous fiscal year.
The latest figures indicate a continued strong flow of remittances through formal channels at the beginning of the 2026-27 fiscal year.
12 days ago
Remittance inflows jump 15.4 percent to $2.85bn in July
Expatriate Bangladeshis sent home US$2.85 billion in remittances during July, the opening month of the fiscal year FY2026–27, registering a 15.4 percent year-on-year growth, according to the latest data from Bangladesh Bank.
During the corresponding period of July 2025, the country received $2.47 billion in workers' remittances.
The central bank figures reveal that in the final two days of the month (July 30–31) alone, overseas workers remitted $152 million through official banking channels.
The strong start to the new fiscal year underscores a sustained upward trajectory in remittance inflows, driven by continued policy incentives and expatriates’ growing preference for legal banking channels.
Economic analysts note that the steady inflow of foreign currency will further bolster Bangladesh's foreign exchange reserves, easing import payment pressures and supporting broader macroeconomic stability.
Remittance remains one of the primary drivers of Bangladesh’s economy alongside export earnings, serving as a critical lifeline for foreign currency reserves and domestic household consumption.
20 days ago
Remittance inflow surges 23.5% to $2.09b in first 21 days of July
The remittance inflow to Bangladesh reached $2.095 billion in the first 21 days of July, marking a robust 23.5 percent year-on-year growth at the beginning of the current fiscal year 2026-27, according to the latest data from Bangladesh Bank.
Bangladeshi Expatriates living in different countries remitted $1.696 billion during the corresponding period (July 1-21) of FY26.
On July 21 alone, Bangladeshis sent home $78 million.
BB allows unlimited royalty remittance for EZ units with BEZA nod
The sustained momentum in inward remittances is expected to further strengthen the country's foreign exchange reserves, relieve pressure on the balance of payments, and support macroeconomic stability in the early months of the new fiscal year.
Central bank officials attribute the strong growth to an increasing preference among non-resident Bangladeshis for legal and formal banking channels, supported by competitive exchange rates and policy measures aimed at facilitating seamless fund transfers.
1 month ago
Remittance inflow registers 11.6% growth, reaches $1.15 billion in July's first 11 days
Bangladesh's inward remittance recorded a robust double-digit growth at the start of the new fiscal year 2026–27, with US$1.15 billion in the first 11 days of July, according to the latest data released by Bangladesh Bank.
This marks a significant 11.6 percent monthly growth compared to the corresponding period of the previous fiscal year, when the country received $1.03 billion between July 1 and July 11, 2025.
The central bank's detailed breakdown indicates that the flow of foreign currency picked up pace significantly toward the end of the first week of July. In just a three-day window between July 9 and July 11, 2026, Bangladeshi expatriates sent$191 million through banking channels.
Financial analysts and central bank officials attribute this strong upward trajectory to the recent stabilization of the interbank foreign exchange market and competitive exchange rates offered by commercial banks. The steady use of banking channels instead of informal networks (like Hundi) has significantly buoyed the state's incoming foreign currency receipts.
The sustained surge in remittance inflows brings a much-needed sigh of relief for macroeconomic policymakers.
This steady influx is expected to provide a crucial buffer to Bangladesh's gross foreign exchange reserves and help ease the ongoing balance of payment pressures during the first quarter of the current fiscal year.
1 month ago
Remittance inflow surges to $696m in first six days of FY27
Remittance inflow from expatriate Bangladeshis jumped to $696 million in the first six days of July.
At the same time, the country’s foreign exchange reserves remained stable, standing close to US$38 billion in gross terms, according to the latest data released by Bangladesh Bank.
The central bank data showed that expatriate Bangladeshis sent home $696 million in remittances between July 1 and July 6, 2026, compared to $427 million received during the same period of the previous fiscal year.
The inflow marked a 62.8 percent rise year-on-year, reflecting continued reliance on formal banking channels by migrant workers to send money home.
On July 6 alone, Bangladesh received $129 million in workers’ remittance.
Meanwhile, Bangladesh Bank reported that the country’s gross foreign exchange reserves stood at $37.85 billion as of July 6.
Under the International Monetary Fund’s (IMF) Balance of Payments and International Investment Position Manual (BPM6) calculation method, the reserves stood at $33.20 billion.
The combination of strong remittance inflows and a stable reserve position is expected to provide a cushion for Bangladesh’s macroeconomic stability amid uncertainties in the global economy.
In the previous fiscal year 2025-26, Bangladeshi expatriates sent $35.34 billion in remittances through official banking channels.
1 month ago
Remittance inflows hit historic high of $35.56 billion in FY26
Remittance inflows into Bangladesh hit a historic high of US$ 35.56 billion in the immediate past fiscal year 2025-26, registering a robust double-digit growth driven by strong contributions from expatriates through formal channels.
According to the latest data from Bangladesh Bank, the total remittance receipts between July 2025 and June 30, 2026 stood at $35.56 billion. This marks a significant 17.3 percent growth compared to the $30.32 billion received in FY2024-25, also the previous highest remittance inflows in a financial year.
Central bank officials noted that on the final day of the fiscal year (June 30), the country pulled in $120 million in provisional remittance earnings. However, this single-day figure excludes data from 11 commercial banks due to the bank holiday.
Meanwhile, monthly remittance inflows for June 2026 stood at $2.80 billion, reflecting a minor 0.6 percent dip compared to the $2.82 billion recorded during the same month last year (June 2025).
Despite the marginal monthly decline in June, the overall annual trend remained extraordinarily strong throughout the fiscal year, providing a critical buffer to the country’s foreign exchange reserves and macroeconomic stability.
1 month ago
With 9 days left in fiscal, can remittances touch magical $36 billion?
Driven by a steady upward trend, Bangladesh’s inward remittances grew by 18.1 percent year-on-year, reaching an impressive US$34.84 billion in the current fiscal year FY 2025-26 up to June 21, according to the latest data from Bangladesh Bank.
During the corresponding period of the previous fiscal year (July 2024 to June 21, 2025), the country’s migrant workers sent home $29.50 billion.
The central bank’s latest daily breakdown shows that expatriate Bangladeshis sent $130 million on June 21 alone. This brought the cumulative remittance receipts for the first 21 days of June 2026 to $2.08 billion. It also suggests with 9 days left, the country's inward remittances for the year may even touch $36 billion - implying average inflows of $3 billion per month.
This represents a 4.7 percent monthly growth compared to the same period in June 2025, when remittance inflows stood at $1.99 billion between June 1 and June 21.
Industry insiders attribute this sustained growth to a higher number of workers heading abroad and the effective utilization of official, legal banking channels for money transfers.
Foreign Exchange Reserves:
Alongside the robust remittance numbers, Bangladesh Bank also released its latest foreign exchange reserve figures.
As of June 22, 2026, the country's gross foreign exchange reserves stood at $35.74 billion.
Meanwhile, calculated under the International Monetary Fund’s (IMF) Balance of Payments Manual 6 (BPM6) framework, the official usable reserves stood at $31.18 billion, providing a stable cushion for the country's import liabilities and macroeconomic management.
2 months ago