Expatriate Remittances Hit Tk 29,548 Crore in August

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Expatriate Remittances Hit Tk 29,548 Crore in August

The nation received 2,422 crore dollars ($2.42 billion) in remittances or expatriate income in August 2025. Based on an exchange rate of 122 taka per dollar, this amount equates to roughly 29,548 crore 40 lakh taka, according to sources from Bangladesh Bank.

“These remittances were received throughout August, representing an increase of 198 million dollars compared to the same month last year,” said Arek Hossain Khan, Executive Director and Spokesperson of Bangladesh Bank. The total amount of expatriate income in August 2024 was 222 crore 40 lakh dollars.

For the first two months of the current fiscal year 2025-26 (July and August), total remittances reached 4.9 billion dollars, compared to 4.138 billion dollars during the same period in the 2024-25 fiscal year. This represents an increase of 762 million dollars, equating to an 18.4 percent growth.

In July of the 2025-26 fiscal year, remittances totaling $247.791 million, approximately Tk 30,239 crore, were sent to the country. Notably, no remittances were processed through 8 banks during that month.

In the previous fiscal year 2024-25, the peak remittances occurred in March, totaling $3.29 billion, marking the highest record for that year. The overall remittances for the entire fiscal year amounted to $30.33 billion, which is a 26 percent increase compared to the previous fiscal year.

The government’s incentives and initiatives aimed at facilitating remittance transfers are significantly contributing to this flow, thereby sustaining the positive trend in remittance inflows.

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