Remittance Inflows Surpass $1 Billion in First Week

Bangladesh has recorded a substantial inflow of remittances in the first week of March, with migrant workers sending home a total of $1.069 billion (106.9 crore USD). This translates to an average daily inflow of approximately $15.27 million, signalling a strong start to the month for foreign currency earnings.

Arif Hossain Khan, spokesperson for Bangladesh Bank, revealed the figures on Sunday (8 March), noting that during the same period last year, the country had received $775 million. This represents a remarkable year-on-year increase in remittance inflows.

Cumulatively, from July 2025 to 7 March 2026, Bangladesh has received $23.523 billion in remittances, marking a 22.10% increase compared to the corresponding period of the previous fiscal year.

For context, February 2026 saw $3.0276 billion remitted to the country, while January 2026 recorded $3.1794 billion, which was the third-highest monthly remittance inflow in the nation’s history and the second-highest of the current fiscal year.

The record-breaking trend continues a long-term upward trajectory in migrant worker remittances, highlighting their vital role in sustaining the country’s foreign exchange reserves and supporting domestic consumption. During the 2024–25 fiscal year, Bangladesh received a historic $30.32 billion in remittances, the highest ever for a single fiscal year, underscoring the growing contribution of the diaspora to the national economy.

Monthly Remittance Overview (2025–26 Fiscal Year)

Economists suggest that continued global demand for labour, along with favourable foreign exchange policies, is likely to maintain this upward trend in remittances throughout the remainder of the fiscal year. Analysts also note that remittance inflows play a critical role in stabilising the Bangladeshi taka and financing household consumption, making them an indispensable component of the country’s economic framework.