• October 9, 2025, 5:11 pm
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Expatriates sent $2.42bn in remittances in August

News Desk
News Desk
Update: Thursday, October 2, 2025

 

Bangladesh received US$2.42 billion in remittances from expatriates in August this year, reflecting an 8.9% year-on-year growth compared to $2.22 billion in August 2024, according to official data.

During the first two months of the current fiscal year 2025–26, remittance inflows have reached $4.9 billion, marking an 18.4% increase from the $4.13 billion received during the same period in the previous fiscal year.

The upward trend in remittances follows a record-setting $2.48 billion received in July 2025, the first month of the current fiscal year—also the highest-ever single-month inflow of remittances in the country’s history.

Bolstered by the rising remittance inflow, Bangladesh’s gross foreign exchange reserves have risen to over $31 billion, a significant improvement from just above $26 billion previously recorded under the IMF’s Balance of Payments Manual 6 (BPM6) reporting standard.

The recently concluded fiscal year 2024–25 saw a record-breaking total remittance inflow of $30.33 billion, highlighting the crucial role that expatriate income continues to play in stabilizing the economy and supporting the country’s foreign currency reserves.Bangladeshi products online


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