News Flash

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.