Over $3 billion remittance came in February

Bangladesh witnessed strong growth in workers’ remittance inflow in February, as $3 billion came in ahead of Eid-ul-Fitr, one of the largest festivals for Muslims.

Bangladeshi expatriates sent home $3.02 billion in remittances in February, up from $2.53 billion received in the same period a year earlier, according to the latest central bank data.

This is the highest remittance inflow recorded in February in at least the last seven fiscal years.

Read more

Remittance jumps 45% ahead of the polls, Ramadan

Industry insiders said that remittances generally rise ahead of the Eid festival, as remitters send more money to their families in Bangladesh during Ramadan and Eid-ul-Fitr.

In the current fiscal year, remittance earnings have maintained a strong upward trajectory. Between July and February of this fiscal year, total remittance inflow reached $22.45 billion, registering a 21.4 percent year-on-year growth.

Bankers said that the continued rise in remittance inflow is helping ease pressure on Bangladesh’s balance of payments and stabilise the foreign exchange market.

Read more

Remittances hit record $32b in 2025, shoring up reserves