Remittance inflow rises by 33.6pc in first 27 days of July

Remittance inflow rises by 33.6pc in first 27 days of July

Inflow of remittances witnessed a remarkable year-on-year growth of 33.6 per cent, reaching US$2,099 million in the first 27 days of July, according to the latest data of Bangladesh Bank (BB) issued today (Monday). 

 During the same period last year, the country's remittance inflow was $1572 million, BSS reports. 

 Expatriate Bangladeshis sent a record $30.33 billion in remittances in the fiscal year 2024-25 (FY25), marking the highest amount ever received in a single fiscal year in the country's history. 

 This figure reflects a 26.80 per cent increase compared to the $23.91 billion received in the previous fiscal year (FY24).