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Remittance Inflow Surges 19.8% to $2.62bn in First 28 Days of July

Bangladesh received $2.621 billion in workers' remittances during the first 28 days of July, a 19.8 percent increase from the previous year.

By Staff Correspondent
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Remittance inflow up 19.8pc to $2.62bn by July 28  | Business
BSS

Bangladesh received US$2.621 billion in workers' remittances during the first 28 days of July of the current fiscal year 2026-27, marking a 19.8 percent increase compared with the US$2.187 billion received during the corresponding period of the previous fiscal year. According to the latest data from Bangladesh Bank, expatriate Bangladeshis sent US$97 million in remittances on July 28 alone, reflecting the continued strong flow of inward remittances. The sustained growth in remittance inflows is expected to strengthen the country's foreign exchange reserves, support external sector stability, and contribute positively to the overall economy.

Remittances are a critical source of foreign exchange for Bangladesh, significantly impacting the country's balance of payments and overall economic stability. The recent increase in remittances indicates a positive trend that could help mitigate external pressures and support economic growth.

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Source: BSS

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