BSS
  20 May 2026, 19:42

Remittance inflow surges 82.4pc in 1st 19 days of May

DHAKA, May 20, 2026 (BSS) - Bangladesh witnessed a strong growth in inward 
remittance during the first 19 days of May as expatriate Bangladeshis 
continued to send higher amounts of money through formal banking channels.

According to the latest data, the country received US$2.48 billion in 
remittances during the period from May 1 to May 19, 2026, compared to $1.79 
billion during the corresponding period of May last year.

The inflow registered a significant 82.4 percent year-on-year growth, 
reflecting sustained confidence among expatriate workers in the country's 
formal financial system.

On May 19 alone, remittance inflow amounted to US$155 million, indicating 
steady momentum in foreign currency earnings.

Banking sector experts said the continued rise in remittance inflow is 
playing a vital role in easing pressure on the foreign exchange market and 
strengthening the country's external sector.

They said various policy supports, including cash incentives for remitters, 
simplified banking services and stricter monitoring against illegal money 
transfer channels, contributed to the encouraging growth trend.

Meanwhile, total remittance inflow during the current fiscal year from July 
2025 to May 19, 2026 reached $31.82 billion, up from $26.33 billion during 
the same period of the previous fiscal year, marking a 38.5 percent growth.

Economists observed that the healthy remittance performance would continue to 
support macroeconomic stability and enhance foreign exchange reserves in the 
coming months.