United News of Bangladesh

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.

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.

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.

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.

Bangladesh has continued to log an impressive growth in inward remittances, with expatriates sending home over US$ 34.38 billion during the period from July 2025 to June 15, 2026.  This marks an 18.61 percent growth compared to the corresponding period of the previous fiscal year FY 2025-26. According to the latest data from Bangladesh Bank released today (Tuesday), the total remittance inflow reached $ 34.38 billion during the current fiscal year (up to June 15, 2026), compared to $ 28.98 billion received during the same period of FY2024-25. The data shows that on June 15 alone, expatriate Bangladeshis remitted US$ 82.55 million through official banking channels. Furthermore, the remittance inflow during the first 15 days of June 2026 reached US$ 1.62 billion up from $ 1.47 billion recorded during the first half of June 2025. This reflects a healthy month-on-month growth of 9.73 percent. Banking sector officials noted that the steady and robust inflow of remittances has heavily shored up the country's external sector performance and financial stability ahead of the conclusion of the fiscal year. Foreign Exchange Reserves Position: Backed by strong remittance channels and recent external funding, the country’s foreign exchange reserves have shown a strong upward position. According to the central bank's financial account data as of June 16, 2026: Gross Forex Reserves stood at $35.76 billion. BPM6 standard reserves recorded at $31.21 billion on today (Tuesday) June 16,2026. The Balance of Payments and International Investment Position Manual (BPM6) format, mandated by the International Monetary Fund (IMF), represents the immediately usable liquid reserves of the central bank. Central bank officials indicated that the current reserve position leaves the country in a comfortable position to cover more than five to six months of regular import bills, significantly boosting macroeconomic stability and stabilizing the domestic foreign exchange market.

Inward remittances to Bangladesh fell by nearly 20 percent during the first three days of June compared to the same period last year, according to the latest data from Bangladesh Bank. Expatriate Bangladeshis sent US$483.05 million in remittances between June 1 and June 3. Bangladesh Bank (BB) Spokesperson and Executive Director Arief Hossain Khan confirmed the figures on Thursday. Central bank statistics show that on June 3 alone, the country received $116.31 million. However, the overall inflows for the first three days represent a 19.96 percent decline compared to the matching period of the previous year (June 1–3, 2025), when remittances stood at $603.51 million. Despite the brief drop at the start of the month, overall remittance inflows for the current fiscal year FY2025–26 remain robust. From July 1, 2025, to June 3, 2026, Bangladesh received a total of $33.24 billion in remittances. This marks an 18.25 percent growth compared to the $28.11 billion recorded during the corresponding period of the previous fiscal year.

Bangladesh recorded a sharp rise in inward remittances ahead of Eid-ul-Azha, with inflows increasing by 41.31 percent in the first 23 days of May 2026 compared to the same period last year, according to the latest data from Bangladesh Bank. Expatriate Bangladeshis sent home US$2.97 billion between May 1 and  23, significantly higher than the US$2.10 billion received during the corresponding period in May 2025. On May 23 alone, remittance inflows through banking channels stood at US$173.64 million, according to latest data of Bangladesh Bank. The latest surge has pushed the country’s total remittance earnings in the current fiscal year (FY2025–26) to a record high. From July 2025 to May 23, 2026, Bangladesh received US$32.3 billion in remittances, registering a 21.26 percent growth over the same period of the previous fiscal year. During July 2024 to May 23, 2025, the country received US$26.64 billion. Central bank officials and financial analysts attributed the strong growth to improved digital banking services, increased remittance flows ahead of Eid-ul-Azha, and competitive exchange rates offered by commercial banks. They said the continued rise in remittance inflows is providing crucial support to the country’s foreign exchange reserves and helping maintain macroeconomic stability amid ongoing global economic uncertainties.

Bangladesh has witnessed a significant spike in remittance inflows during the first 11 days of May, recording a staggering 56.4 percent growth to US$ 1.44 billion compared to the same period of last year.  The surge bolsters the country's foreign exchange reserves and signals a robust upward trend in the fiscal year 2025-26. According to the latest data from Bangladesh Bank, expatriates sent home US$1.44 billion in 11 days of May. In contrast, the remittance collection during the corresponding period in 2025 was $922 million. Bangladesh Bank permits remittance of ‘Visa Bonds’ and Security Deposits abroad On a single day on May 11, the country received $251 million in remittances, reflecting the increase of remittance in banking channels by the Bangladeshi migrant workers. The year-to-date figures are equally impressive. Cumulative remittance inflows from July 2025 to May 11, 2026 reached $30.77 billion. This represents a 20.9 percent growth compared to the $25.45 billion received during the same period in the previous fiscal year FY2024-25 (July 2024 to May 11, 2025). Senior central bank officials and economic analysts attribute this sustained growth to several strategic factors, including crackdown on hundi, incentives and digital integration. Increased vigilance by law enforcement and the central bank against illegal hundi channels has redirected funds into the formal banking system. The government’s 2.5 percent cash incentive, coupled with additional bonuses offered by several private commercial banks, has encouraged expatriates to send money via official routes. The rapid adoption of mobile financial services (MFS) and real-time bank transfers has made the remittance process more accessible for workers abroad. This influx of foreign currency comes at a critical time for the national economy. The steady rise in remittances is expected to provide a much-needed foreign exchange for the country’s Balance of Payments (BoP) and stabilise the exchange rate of the Taka against the US Dollar. "The 20% year-on-year growth is a clear indicator of the resilience of our migrant workers and the effectiveness of current policy interventions," noted a senior official at the Bangladesh Bank’s statistics department. If this momentum continues through June, FY26 is projected to set a new historic milestone for remittance earnings, further strengthening the nation's economic backbone and its capacity to meet import obligations.

The positive trend in remittance inflows has continued into April, with Bangladeshi expatriates living in different countries sending US$2.12 billion in the first 19 days of April, according to the latest data from Bangladesh Bank. This marks a significant surge compared to the same period last year, when inflows stood at $1.71 billion. This year’s figures show an increase of $408 million. Central bank sources noted that this momentum follows a record-breaking performance in March 2026, which saw the highest single-month remittance inflow in the country’s history. In March, expatriates sent a staggering $3.75 billion. Previous record highs include $3.29 billion in March 2025, $3.22 billion in December 2025, and $3.17 billion in January 2026. Analysts attribute the surge in part to ongoing tensions and instability in the Middle East, which have affected global foreign exchange markets. The crisis has increased demand for the US dollar internationally, leading to a rise in the dollar's exchange rate against the local currency. Consequently, expatriates are receiving a higher value in Taka for every dollar sent home. While the high inflow provides a boost to the economy, economists warn that a prolonged Middle East crisis could pose risks to Bangladesh, similar to other global economies. Experts have advised the government to focus on maintaining a robust foreign exchange reserve to mitigate potential future shocks.

Bangladesh’s remittance inflow reached US$1.96 billion in the first 18 days of April, showing a continued upward trend and is projected to surpass $3.0 billion by the end of the month. According to the latest data from Bangladesh Bank (BB), expatriates sent $1.96 billion during April 1–18, compared to $1.69 billion during the same period last year. This represents a 16.2 percent year-on-year increase for the period. In the current fiscal year (FY2025–26), total remittance inflows from July to April 18 stood at $28.17 billion, up from $23.47 billion in the same period of FY2024–25. This reflects a growth of around 20 percent year-on-year. Analysts and central bank officials attribute this strong and ‘unusual’ growth to several factors, including a more stable US dollar exchange rate, higher incomes of expatriates in developed economies, and a steady global economic recovery. Officials from the Finance Ministry and Bangladesh Bank expressed optimism about the trend, noting that the sustained rise in remittance inflows will help ease foreign exchange pressures and support stability in the country’s currency market.