Bangladesh Records $1.14 Billion in Remittances in Early August

Bangladesh received $1.14 billion in remittances during the first 13 days of August in the fiscal year 2025-26, according to data from Bangladesh Bank. During the same period last year, the country had received $889 million.

The central bank’s report, released on Thursday, indicates a year-on-year rise of $255 million, representing a 28.6% increase compared to August 1–13 of FY2024-25.

Expatriates sent a record $2.48 billion in remittances in the first month of FY2025-26. Overall, this marks a 29% increase compared to the same period last year, when remittances totaled $3.62 billion.

The fiscal year 2024-25 also saw record-breaking inflows, with a total of $30.33 billion, up 27% from $23.74 billion in FY2023-24, setting a new all-time high for a single fiscal year.

“The steady growth in remittances is contributing to economic stability and easing the pressure on the country’s foreign currency reserves,” said Arif Hosain, spokesperson for Bangladesh Bank.