Written by The Banking Post
Bangladesh posted a record $35.34 billion in remittance inflows in FY2025-26, driven by strong expatriate earnings sent through formal channels, according to Bangladesh Bank data.
Figures released by the central bank’s Foreign Exchange Policy Department showed that expatriate Bangladeshis remitted $35.34 billion between July 2025 and June 28, 2026, marking a 17.6 percent year-on-year increase from $30.04 billion received in FY25.
The strong growth highlights the continued importance of remittances in supporting Bangladesh’s external sector, foreign exchange liquidity and household consumption.
In June 2026, remittance inflows reached $2.58 billion in the first 28 days, up 1.8 percent from $2.54 billion received during the same period a year earlier.
The country received $133 million in remittances on June 28 alone, reflecting steady inflows toward the close of the fiscal year.
Central bank officials attributed the sustained growth to improved banking channels, relative exchange-rate stability and tighter compliance measures that encouraged non-resident Bangladeshis (NRBs) to use formal remittance channels instead of informal networks.
The robust inflow also helped strengthen the country’s reserve position.
As of June 28, 2026, Bangladesh’s gross foreign exchange reserves stood at $36.31 billion.
Under the International Monetary Fund’s Balance of Payments Manual, Sixth Edition (BPM6) methodology, the country’s net international reserves were estimated at $31.73 billion.
The strong remittance performance is expected to provide continued support to the country’s balance of payments, ease pressure on the foreign exchange market and help maintain import-payment capacity.
