The amount of remittances sent home by Bangladeshis living abroad hit a record high of US$35.34 billion in the fiscal year 2025-26. That is a massive jump of 17.6 per cent from a year ago. Meanwhile, the Bangladesh Bank’s latest data showed that this huge amount of money is a big boost to the country’s economy and financial power.
The central bank’s Foreign Exchange Policy Department said the record sum was sent by workers overseas between July 2025 and 28 June 2026. This is a big jump from the $30.04 billion received during the same period in the 2024-25 financial year.
The flow of money stayed strong until the very end of the financial year. In just the first 28 days of June 2026, the country received $2.58 billion. This is a 1.8 per cent increase compared to the $2.54 billion received during the same time in June 2025. On 28 June alone, $133 million was sent to the country in a single day.
Central bank officials say there are a few clear reasons for this steady growth. They pointed out that everyday banking has become easier, exchange rates are more stable, and security rules have improved. Because of these changes, Bangladeshis living overseas are more willing to send their earnings home through official, secure banks rather than using unofficial channels.
All this extra money from abroad has also helped strengthen the country’s savings. As of 28 June 2026, Bangladesh held a total of $36.31 billion in foreign reserves.
Furthermore, when counted using the strict rules set by the International Monetary Fund (IMF), the country’s actual ready reserves stood at a solid $31.73 billion. These strong savings show just how important the money sent by overseas workers is for keeping the nation’s economy running smoothly.
