Bangladesh recorded more than $1.12 billion in remittance inflows during the first 10 days of January, maintaining strong momentum in expatriate earnings at the start of the new year.
According to Bangladesh Bank data, total inward remittances reached $17.39 billion between July and January 10 of the current fiscal year 2025–26, marking a 20 percent increase from $14.49 billion received during the same period of the previous fiscal year.
The steady flow of foreign currency has helped strengthen the country’s external position, pushing Bangladesh’s gross foreign exchange reserves above $33 billion. Under the IMF’s BPM6 methodology, reserves currently stand at more than $29 billion.
Bangladesh Bank Executive Director and spokesperson Arif Hossain Khan said expatriates sent $1.12 billion in the first 10 days of January 2026, compared with about $717 million during the corresponding period in January last year. This reflects a growth of more than 57 percent year on year.
Officials attribute the rise to a combination of factors, including government incentives for remittances sent through formal banking channels, increased efforts to discourage informal transfers, and stronger engagement by exchange houses abroad.
Monthly figures for the current fiscal year show consistent growth, with remittances amounting to $2.47 billion in July, $2.42 billion in August, $2.68 billion in September, $2.56 billion in October, $2.88 billion in November, and a peak of $3.22 billion in December.
With average monthly inflows exceeding $2.4 billion over the past six months, policymakers see remittances as a key pillar for economic stability and a preferable source of foreign exchange compared with external borrowing tied to strict conditions, including loans from the International Monetary Fund.
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