Bangladesh has witnessed a strong rise in remittance inflows in the first half of April, with expatriates sending over $1.6 billion in just 14 days, according to Bangladesh Bank data.
The inflow shows a continued upward trend in foreign remittances, with projections indicating that total receipts for April may surpass $3 billion if the current pace continues.
Data from the central bank shows that during 1 to 14 April, expatriate Bangladeshis sent $1.6 billion in remittances, compared to $1.28 billion in the same period of the previous year. This reflects a 25.2 per cent increase year-on-year.
Banking sector sources said the steady rise in remittance inflows has been supported by a combination of factors, including a relatively stable US dollar exchange rate, improved employment conditions for migrant workers in major destination countries, and gradual recovery in global economic activity.
The Bangladesh Bank data further showed that from July to 14 April of the current fiscal year (FY2025–26), total remittance inflows reached $27.81 billion. This is significantly higher than the $23.06 billion recorded during the same period of FY2024-25, marking a growth of 20.06 per cent.
Analysts noted that formal banking channels have become more attractive for expatriates due to policy incentives and exchange rate stability, which has also helped curb informal money transfer systems.
Bangladesh Bank officials said the rising inflow of remittances is playing a crucial role in strengthening foreign exchange reserves and supporting overall macroeconomic stability amid global uncertainties.
