Bangladesh recorded an upward trend in remittance inflows receiving more than $1.6 billion in the first 14 days of April, with the total expected to exceed $3 billion by the end of the month.
According to the latest data of Bangladesh Bank, expatriates sent $1.6 billion during April 1–14, compared with $1.28 billion in the same period last year, marking a 25.2 percent increase.
In the current fiscal year (FY2025–26), cumulative remittance inflows from July to April 14 reached $27.81 billion, up from $23.06 billion during the corresponding period of FY2024–25.
This represents a year-on-year growth of 20.06 percent.
Analysts and central bank officials attributed the strong growth to several factors including a stable US dollar exchange rate, higher earnings among expatriates in developed economies and a gradual recovery in the global economy.
FP/MI
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