Bangladesh received $2.85 billion in remittances from expatriates in July, marking a 15.4 per cent increase compared to the same month last year, according to the latest data from Bangladesh Bank.
The amount was $2.47 billion in July 2025, the first month of the previous fiscal year.
Data from the central bank showed that migrant workers sent $152 million through official banking channels in the final two days of July alone, on 30 and 31 July.
The strong remittance inflow at the start of the fiscal year FY2026–27 indicates a continued positive trend, supported by policy incentives and expatriate Bangladeshis’ increasing use of formal banking channels to send money home.
Economists said the steady flow of foreign currency would help strengthen the country’s foreign exchange reserves, reduce pressure on import payments and contribute to overall macroeconomic stability.
Remittances, along with export earnings, remain a key pillar of Bangladesh’s economy, playing a crucial role in supporting foreign currency reserves and household consumption.
