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Remittances rise 17.6% to record $35.34b in FY26

Remittances rise 17.6% to record $35.34b in FY26
Representational image: Collected
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Bangladesh received more than US$35.34 billion in remittances during FY2025–26, marking a strong double-digit increase from the previous fiscal year, according to the latest data from the Bangladesh Bank.

The data, released by the central bank’s Foreign Exchange Policy Department, showed that expatriate Bangladeshis sent $35.34 billion between July 2025 and 28 June, 2026.

This represents a significant 17.6 per cent increase compared to the $30.04 billion recorded during the same period in the previous FY2024–25.

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In the first 28 days of June 2026 alone, the country received $2.58 billion in remittances, marking a 1.8 per cent monthly growth compared to $2.54 billion during the corresponding period in June 2025.

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On June 28, 2026, a single-day inflow of $133 million was registered.

Central bank officials attributed this sustained growth to the streamlined banking channels, stable exchange rates, and increased compliance measures that incentivized non-resident Bangladeshis (NRBs) to channel their earnings through formal networks.

Besides, Bangladesh’s foreign exchange reserve position has shown a resilient outlook. As of 28 June, 2026, the gross foreign forex reserves stood at $36.31 billion.

Meanwhile, calculated under the International Monetary Fund’s (IMF) Balance of Payments Manual 6th Edition (BPM6) guideline, the country’s net international reserves stood at $31.73 billion.

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