Remittance inflows into Bangladesh remain strong following a record-breaking March, with nearly $2 billion arriving in the first 21 days of April.
According to updated data from the Bangladesh Bank, expatriates sent $1.966 billion in remittances between April 1 and 21. At the exchange rate of Tk 122 per US dollar, this amounts to approximately Tk 23,985.20 crore. On average, the country is receiving over $93.6 million—or about Tk 1,142 crore—in remittances every day this month.
Compared to the same period last year, when $1.397 billion was received, remittance inflows have increased by nearly $570 million, marking an impressive 41% year-on-year growth.
In total, Bangladesh has received $23.75 billion in remittances over the first nine months and 21 days of the current fiscal year (2024–25), up from $18.47 billion in the same period last fiscal year. This reflects a 29% increase, or an additional $5.28 billion in inflows.
The surge follows a historic performance in March, when the country received a record $3.29 billion in remittances—the highest single-month total in its history. At the current exchange rate, that translated to Tk 40,138 crore, or an average daily inflow of $106.1 million (Tk 1,295 crore).
In comparison, remittance inflows in March of the previous year totaled just $1.71 billion, meaning March 2025 saw an increase of $1.58 billion.
With this trend, Bangladesh has now received over $2 billion in monthly remittances for eight consecutive months—a streak that began in August.
Here’s a month-by-month breakdown of remittance inflows in the current fiscal year:
July: $1.91 billion
August: $2.22 billion
September: $2.40 billion
October: $2.39 billion
November: $2.20 billion
December: $2.64 billion
January: $2.19 billion
February: $2.53 billion
March: $3.29 billion
The steady rise in remittance inflows is providing much-needed support to Bangladesh's foreign currency reserves and overall economic stability.