Bangladesh has recorded a strong inflow of remittances in the first 23 days of June, with expatriates sending home a total of 2.238 billion US dollars. Converted at an exchange rate of Tk122 per dollar, the amount exceeds Tk270 billion, reflecting a steady and encouraging trend in foreign currency earnings.
The figures were confirmed on Wednesday (24 June) by Bangladesh Bank spokesperson Arif Hossain Khan. According to central bank data, the daily average remittance during this period stood at approximately 97.3 million dollars. This consistent inflow highlights the continued contribution of overseas Bangladeshis to the national economy, even amid global economic uncertainties.
A comparison with the same period last year shows a modest but notable increase. In the first 23 days of June 2025, remittance inflows totalled 2.209 billion dollars. The slight rise this year suggests that the upward trajectory of remittance earnings remains intact, offering a measure of stability to the country’s external financial position.
The broader picture for the current fiscal year is even more significant. From July up to 23 June, Bangladesh received a cumulative 34.995 billion dollars in remittances. During the corresponding period of the previous fiscal year, the total stood at 29.715 billion dollars. This represents a growth of 17.80 per cent year-on-year, underlining the increasing reliance on remittance as a key source of foreign exchange.
The momentum was particularly strong in May, when remittance inflows reached 2.97 billion dollars. In local currency terms, this amounts to roughly Tk362.34 billion, making it the second-highest monthly remittance figure in the country’s history. Such performance has provided much-needed support to Bangladesh’s foreign exchange reserves and helped ease pressure on the balance of payments.
Economists and banking sector officials attribute the steady rise in remittance inflows to a combination of factors. Incentive schemes for sending money through formal channels, improved banking services, and stricter monitoring of informal transfer systems have all played a role. As a result, more expatriates are choosing official routes to send their earnings home.
With remittance continuing to grow at a healthy pace, policymakers are likely to see this as a positive signal for economic resilience. The sustained inflow not only supports household consumption but also strengthens the country’s overall financial stability.