Bangladesh received $328 million remittance in the first five days of August of the fiscal year 2025-26.
According to the latest data from the Bangladesh Bank, in the same period of the previous fiscal year, the amount was $181 million.
The central bank’s report, released on Wednesday, shows a significant year-on-year increase of 81.6 percent compared to 1-5 August 1-5 of FY2024-25.
The expatriates sent a record $2.48 billion remittance in the first month of the fiscal year 2025-26.
The central bank’s report showed a significant year-on-year increase of 29.48 percent in FY2025-26 compared to July of the previous FY2024-25, when remittances totaled $1.91 billion.
In the FY2024-25 fiscal year also saw a record-breaking remittance inflow, with a total of $30.33 billion.
This represents a 27 percent increase from the $23.74 billion received in the FY2023-24, setting a new all-time high for a single fiscal year, he pointed out.
The continuous rise in remittance inflow is bringing stability to the economy and providing much-needed relief to the country’s dollar supply, said Arif Hosain, spokesperson of Bangladesh Bank.
LND/MSA
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