Bangladesh received $1.97bn in remittances in first 21 days of April, a 40% surge
Bangladesh has received $1.97 billion remittance in 21 days of April, which is a 40% growth compared to the same period of the previous year.
The Bangladesh Bank on Tuesday revealed the information.
Bangladesh typically experiences strong remittance inflows during Eid, and this time the momentum continues even after two weeks of Eid-ul-Fitr, with remittance levels remaining high.
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According to the central bank, the expatriates have sent $1.97 billion remittance in 21 days of April, which was $1.40 billion in 1-21 April of 2024. This means the remittance income growth by 40.7% in days of April 2025.
Bangladesh received a remittance of $ 23.75 billion from July to 21 April, of the current fiscal year FY2024-25, which was $18.47 billion in the same period of the previous fiscal year.
This means the expatriates sent $5.28 billion more remittance till 21 April of the current fiscal year. The remittance saw a growth of 28.6% year-on-year.
The foreign exchange reserve of Bangladesh became steady and gross reserve reached around $27 billion blessing on the remittance.
The expertise sent $21.77 billion remittance in the nine months (July-March) of the current fiscal year FY2024-25. On the other hand, remittances of $17.07 billion were received in the first nine months of the previous FY2023- 24.
