B Mirror Desk : In the first 17 days of May, Bangladesh has received $1.61 billion in remittances, indicating a strong influx of foreign currency from expatriate workers, as reported by Bangladesh Bank. The average daily remittance during this period was $94.70 million, which is a notable increase from the $75.1 million daily average recorded in May 2024, according to UNB.
The sources of these remittances include $493.3 million from state-owned banks, $159.9 million from two specialized state-owned agricultural banks, $962.7 million from private commercial banks, and $313.0 million from foreign banks, with Islamic Bank receiving the highest amount at $277.8 million.
From July 2024 to May 17, 2025, Bangladesh has achieved a remarkable total of $26.14 billion in remittances for the current fiscal year, FY25, surpassing the $23.91 billion received in FY24. Expatriates have already sent $24.54 billion from July to April of FY25, exceeding the total remittance figure for the previous fiscal year, with monthly inflows over these ten months showing steady growth.
April: $2.75 billion
March: $3.29 billion
February: $2.53 billion
January: $2.19 billion
December: $2.64 billion
November: $2.2 billion
October: $2.39 billion
September: $2.4 billion
August: $2.22 billion
July: $1.91 billion
Experts indicate that the consistent increase in remittance inflow is enhancing Bangladesh’s foreign exchange reserves and making a substantial contribution to the national economy.
