Remittance inflow surged by 7.4pc till Aug 20

Business Report :

Inflow of remittances witnessed a year-on-year growth of 7.4 percent (pc), reaching $1,642 million in the first 20 days of August, according to the latest data of Bangladesh Bank (BB) issued on Thursday.

Last year, during the same period, the country’s remittance inflow was $1,530 million, BB data showed.

During the July 2025 to August 20, 2025 of the current fiscal year, expatriates sent remittances of $4,120 million, which was only $3,443 million during the same period of the previous fiscal year.
Earlier,in July alone this fiscal year, remittance surged 30 percent year-on-year in July, the first month of the current fiscal year, maintaining buoyancy in inflows as more than 40 lakh Bangladeshis have gone abroad for work over the past four years.

Last month, the country received $2.47 billion in remittances from Bangladeshi nationals staying abroad, helping the nation gradually recover from its foreign exchange crisis and improve its Balance of Payments, which records all transactions with the rest of the world.