Bangladesh sees record $3.75b remittance inflow in March
Bangladesh registered a record-breaking surge in remittance inflows in March, as expatriates sent home $3.75 billion the highest monthly total ever despite continued unrest in several Middle Eastern countries, according to data released by Bangladesh Bank on Wednesday.
This marks the highest monthly remittance figure ever recorded in the country, surpassing the previous record of $3.29 billion set in March 2025. It also exceeds another recent peak of $3.22 billion recorded in December 2025, underscoring a strong upward trend in inward remittances.
The surge reflects growing stability and renewed momentum in the country’s external financial flows. Since August 2024, Bangladesh has witnessed a steady rise in remittance earnings, a trend that gained pace in the months following political changes and economic adjustments.
Despite ongoing geopolitical tensions and instability in parts of the Middle East home to a large portion of Bangladesh’s expatriate workforce remittance inflows have remained resilient.
Analysts say this indicates strong earning capacity among migrant workers and improved confidence in formal financial channels.
Officials at Bangladesh Bank attribute the record inflow largely to a series of policy measures aimed at encouraging remittances through official banking systems.
These include stricter monitoring of informal transfer channels and enhanced incentives for sending money through regulated institutions.
The central bank has also intensified oversight to ensure that foreign earnings are routed through legitimate financial channels, helping to strengthen the country’s foreign exchange reserves.
Such efforts appear to be paying off, as more expatriates opt for formal remittance services.
Economists note that higher remittance inflows are critical for Bangladesh’s macroeconomic stability, particularly at a time when the country is facing pressure on its external accounts.
Increased remittances help ease the burden on foreign reserves, support import payments, and stabilise the exchange rate.
Bangladesh’s foreign exchange reserves stood at US$34.06 billion, according to the latest data released by the Bangladesh Bank (BB) on March 30.
Under the International Monetary Fund’s (IMF) BPM-6 accounting method, the reserves stood at $29.36 billion, it added.
The record inflow in March is expected to provide a temporary cushion for the economy, while also signalling continued confidence among overseas Bangladeshis in the country’s financial system.
