Remittance inflow surges 23.5pc to $2.09b in first 21 days of July

The remittance inflow to Bangladesh reached $2.095 billion in the first 21 days of July, marking a robust 23.5 percent year-on-year growth at the beginning of the current fiscal year 2026-27, according to the latest data from Bangladesh Bank. 

Bangladeshi Expatriates living in different countries remitted $1.696 billion during the corresponding period (July 1-21) of FY26.

On July 21 alone, Bangladeshis sent home $78 million.

The sustained momentum in inward remittances is expected to further strengthen the country's foreign exchange reserves, relieve pressure on the balance of payments, and support macroeconomic stability in the early months of the new fiscal year.

Central bank officials attribute the strong growth to an increasing preference among non-resident Bangladeshis for legal and formal banking channels, supported by competitive exchange rates and policy measures aimed at facilitating seamless fund transfers.