The updated economic figures were officially confirmed on Monday, 31 August, by Arif Hossain Khan, Executive Director and Spokesperson of Bangladesh Bank.

Central bank records reveal that remittance transfers maintained high momentum right through the final days of the month. On Sunday alone, expatriate workers transferred 19.80 billion taka into the country via official banking channels. In contrast, Bangladesh received $2.229 billion in remittances during the first 30 days of August last year. The year-on-year growth of 26.9 per cent provides much-needed relief to the country’s foreign exchange reserves, easing liquidity constraints within the domestic financial system.

A broader evaluation of the cumulative performance for the current fiscal year—spanning 1 July through 30 August—indicates sustained upward momentum in migrant worker transfers. Total remittance inflows reached $5.689 billion over these two months, up from $4.707 billion recorded during the same timeframe in the preceding fiscal year. This reflects an overall fiscal growth rate exceeding 20 per cent for the opening bi-monthly period.

Financial analysts and banking experts attribute this sustained momentum to several key policy measures, including market-driven exchange rate adjustments, tighter monitoring of informal money transfer networks, and financial incentives offered to workers remitting funds through formal channels. Central bank officials anticipate that if this strong remittance inflow continues alongside rising export receipts, it will help stabilise domestic currency markets, cushion the banking sector against foreign exchange shortages, and support overall macroeconomic stability in the coming months.