Remittances grow 17.6% to record $35.34b in FY26

Highlights 

• FY2025-26 remittances reached $35.34bn, up 17.6% year-on-year.
• Bangladesh received $2.58bn in remittances in the first 28 days of June.
• Bangladesh Bank credited the growth to formal banking channels and stable exchange rates.
• Foreign exchange reserves stood at $36.31bn (gross) and $31.73bn (BPM6) as of 28 June.

Bangladesh's remittance inflows crossed the $35.34 billion mark in the concluding fiscal year FY2025-26, registering a 17.6% year-on-year increase, according to the latest data from Bangladesh Bank.

The central bank's Foreign Exchange Policy Department said expatriate Bangladeshis sent $35.34 billion between July 2025 and 28 June 2026, compared with $30.04 billion during the same period in FY2024-25, reports UNB.

In the first 28 days of June 2026 alone, the country received $2.58 billion in remittances, marking a 1.8% increase from $2.54 billion during the corresponding period in June 2025.

On Sunday, a single-day inflow of $133 million was recorded.

Central bank officials attributed the sustained growth to streamlined banking channels, stable exchange rates and increased compliance measures that encouraged non-resident Bangladeshis (NRBs) to send their earnings through formal channels.

Alongside the rise in remittance inflows, Bangladesh's foreign exchange reserves have maintained a stable position.

As of 28 June 2026, gross foreign exchange reserves stood at $36.31 billion.

Meanwhile, calculated under the International Monetary Fund's (IMF) Balance of Payments Manual 6th Edition (BPM6) guideline, the country's net international reserves stood at $31.73 billion.