Written by The Banking Post
Bangladesh witnessed a significant rise in remittance inflows during the first five days of August, recording a year-on-year increase of 81.6 percent, according to the latest data released by Bangladesh Bank.
Between August 1 and August 5, remittances reached US$328 million, up from $181 million during the same period last year, reports BSS.
In total, expatriate Bangladeshis sent $2.81 billion in remittances between July 1 and August 5 of the current fiscal year (FY2025-26), representing a 33.9 percent growth compared to the $2.09 billion received during the same period in the previous fiscal year.
The robust start to FY26 follows a record-breaking year in FY25, when the country received $30.33 billion in remittances — the highest in Bangladesh’s history. The figure marked a 26.8 percent increase over the $23.91 billion recorded in FY24.
The sustained growth in remittance inflows is expected to strengthen the country’s foreign exchange reserves and support economic stability amid ongoing global uncertainties.
