Remittance surges 18.4 pc to $1.21b in first 11 days of April

Inflow of remittances witnessed a year-on-year growth of 18.4 percent reaching US$1.218 billion in the first 11 days of April, according to the latest data of Bangladesh Bank (BB) issued on Sunday.

Last year, during the same period, the country & remittance inflow was $1.03 billion. Earlier in March, remittance inflows reached $3.75 billion, an all-time high, as Bangladeshis working abroad sent increased amounts to enable their loved ones to celebrate the Eid-ul-Fitr festival amid the escalating war in the Middle East stemming from the US-Israel conflict with Iran.

In February, remittances stood at $3.02 billion. During the July to April 11, 2026 of the current fiscal year, expatriates sent remittances of $27.42 billion, which was $22.81 billion during the same period of the previous fiscal year.