Remittance inflows surged past the $3 billion mark in February, extending a strong upward trend ahead of Ramadan and Eid-ul-Fitr and offering fresh support to Bangladesh’s external balance.
Bangladesh Bank Executive Director and spokesperson Arief Hossain Khan confirmed the development.
Sector insiders said expatriate Bangladeshis typically send additional funds home to meet higher household spending during Ramadan and Eid, a pattern that is now clearly visible in the latest data.
The pickup in inflows is expected to lend further support to the country’s foreign exchange reserves.
According to central bank figures, expatriates sent $3.02 billion, or Tk 37,000 crore, in February. This represents a 19.5 per cent increase from $2.52 billion received in February last year.
Cumulative remittance inflows in the current FY2025-26 from July through February reached $22.45 billion, marking a 21.4 per cent rise compared with $18.49 billion in the same period of the previous fiscal year.
The strong momentum follows robust inflows in recent months. In January alone, remittances stood at $3.17 billion, equivalent to Tk 38,674 crore, the third-highest monthly inflow on record.
Earlier, December logged $3.22 billion, the second-highest monthly figure. The all-time monthly record remains $3.29 billion posted in March last year during the Eid-ul-Fitr season.
Bangladesh Bank data also show total remittance earnings reached $32.82 billion in calendar year 2025.
Month-wise inflows in the current fiscal year were $2.48 billion in July, $2.42 billion in August, $2.69 billion in September, $2.56 billion in October, $2.89 billion in November, $3.23 billion in December and $3.17 billion in January.
As of February 25, the country’s gross foreign exchange reserves stood at $35.03 billion. Under the IMF’s BPM6 methodology, reserves were calculated at $30.28 billion.
