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Remittance hits $2.2b in first 14 days of March

Remittance hits $2.2b in first 14 days of March
Representational image. File Photo: Collected
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Bangladesh received $2.20 billion in remittances during the first 14 days of March, marking a 35.7 per cent increase compared with the same period last year, according to Bangladesh Bank data.

Expatriate workers sent home $1.62 billion during the corresponding period in March 2025.

Between 12 March and 14 March alone, the country received $284 million in remittances ahead of Eid-ul-Fitr.

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Cumulative remittance inflows from July 2025 to 14 March 2026 reached $24.65 billion, reflecting a 22.6 per cent increase from $20.11 billion recorded during the same period of the previous fiscal year.

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The growth follows several strong monthly inflows, including $3.29 billion in March 2025, driven by Eid-ul-Fitr, and $3.17 billion in January 2026.

As of February, Bangladesh’s gross foreign exchange reserves stood at $34.54 billion.

However, under the International Monetary Fund’s BPM6 calculation method, net reserves are estimated at $29.86 billion.

Economists attributed the steady growth in remittance inflows to a stabilised exchange rate and a crackdown on illegal hundi transactions following the political transition in August 202

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