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Economy

Remittance inflow surges 27.6% to $1.94b in first 19 days of July

UNB

Bangladeshi expatriates living in different countries across the world remitted $1.94 billion in the first 19 days of July, recording a robust 27.6 percent growth compared to the corresponding period of the previous year, according to the latest data of Bangladesh Bank.

During the same period last year, the country received $1.52 billion in remittance inflows.

On July 19 alone, expatriates sent home $140 million.

The central bank also revised the remittance inflow figure for the three-day period between July 16 and July 18 to $166 million.

The strong growth in remittance inflows at the beginning of the fiscal year 2026-27 provides a substantial boost for the country's foreign exchange reserves and overall macroeconomic stability.

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