18 days of January
Remittances surpass $2bn in 18 days of Jan; another $3bn-month within sight!
Inward remittances to Bangladesh have crossed the $2 billion mark in the first 18 days of January, signaling the possibility of just the third time inward remittances cross $3 billion in a month.
According to the Bangladesh Bank, expatriate Bangladeshis sent $2.04 billion in the first 18 days of the new year. This figure marks a significant surge compared to the same period of last year, which saw an inflow of $1.20 billion representing an increase of approximately $833 million year-on-year.
The central bank officials are optimistic that January could challenge previous milestones. Currently, the highest monthly remittance in Bangladesh's history stands at $3.29 billion, recorded in March of the FY2024–25, driven largely by Eid festivities.
Read More: Bangladesh sees $1.12bn in remittances in first 10 days of January
The second-highest record was recently set in December of FY2025-26, which saw an inflow of $3.22 billion, overtaking the previous runner-up record of $2.97 billion from May last year.
The central bank data revealed that the highest remittance of $3.29 billion was received in March of the FY2024-25, which was a record. The total remittances in the entire fiscal year (FY2024-25) stood at $30.33 billion—26.8 percent more than the previous year.
Financial analysts suggest that the stability of the exchange rate and streamlined banking channels are contributing to this robust growth in foreign exchange inflows.
16 days ago