Bangladesh Bank announced that the country received a record USD 35.56 billion in remittances during the 2025–26 fiscal year, marking the highest annual inflow in its history. The total remittance through formal channels from July to June stood at USD 3,556.20 crore, up from USD 3,032.90 crore in the previous year—an increase of USD 523.30 crore or 17.3 percent.

Officials attributed the growth to the government’s strict measures against informal money transfers, cash incentives for legal remittance channels, improved banking accessibility, and faster digital transfer options. These factors encouraged more expatriates to use official systems for sending money home.

Although June saw a slight decline with USD 280.06 crore—the lowest in seven months—Bangladesh Bank noted that data from 11 banks were not yet included, suggesting the final figure may rise. The strong remittance and export earnings have also bolstered the country’s foreign exchange reserves, which now stand at USD 37.56 billion gross and USD 32.90 billion in net usable reserves under IMF’s BPM-6 method.