Remittance inflow keeps $3b trend, rises 19% Y/Y in Feb
Bangladesh Bank spokesperson Arief Hossain Khan shared the information with journalists.
Expatriates sent more than $3.02 billion in remittances in February this year, marking a 19.15% increase compared to the same month a year earlier.
Bangladesh Bank spokesperson Arief Hossain Khan shared the information with journalists.
Bankers said remittance inflows surged last month as expatriates sent higher amounts home to cover additional family expenses ahead of Ramadan and Eid-ul-Fitr. The increase in inflows through formal banking channels has prompted the central bank to resume purchasing dollars through auctions. Until February this fiscal year, the central bank had bought over $5 billion through auctions .
According to central bank data, remittance inflows stood at $2.52 billion in February 2025. Compared to that, this year's February inflow increased by $493 million.
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Bangladesh Bank data show that February 2026 recorded the highest single-month remittance inflow for the month of February in recent years.
Meanwhile, in the first eight months of the current fiscal year 2025-26 (from July 2025 to 28 February 2026), total remittance inflows reached $22.45 billion, compared to $18.49 billion during the same period of the previous fiscal year – a growth of 21.4%.
A senior official of a private bank said remittance inflows have risen significantly due to Eid. Moreover, remittance flows through banking channels have remained strong over the past year and a half.
He said banks are currently buying each dollar of remittance at Tk122.40 to Tk122.45. Following the political change in August 2024, hundi operations declined, narrowing the gap between exchange rates in the banking channel and the informal market.
The official added that many hundi operators had links with the previous government, and many of them are no longer in the country. As a result, remittances through formal banking channels have increased.
Remittance inflow was $3.17 billion in January 2026, – the third highest on record – up 45.41% from January 2025, when remittances stood at $2.18 billion.
Previously, the highest remittance inflow was recorded in March 2025 at $3.29 billion, followed by the second highest of $3.22 billion in December of the same year.
