Expatriate Bangladeshis sent $1.807 billion in remittances during the first 16 days of February. At an exchange rate of Tk 122 per dollar, the amount stands at approximately Tk 22,000 crore in local currency. During the same period, the country’s foreign exchange reserves increased to $34.53 billion.
On Tuesday (February 17), Bangladesh Bank spokesperson Arif Hossain Khan said that remittance inflows totalled $1.807 billion between February 1 and February 16. Of this amount, $152 million was received on February 16 alone.
During the same period last year, expatriates had sent $1.49 billion in remittances.
The spokesperson further said that due to the increased inflow of remittances, the central bank has been purchasing US dollars from commercial banks. As a result, the country’s total foreign exchange reserves have risen to $34.53 billion.
Earlier, in December last year, remittance inflows reached $3.23 billion, which was the second-highest monthly remittance in the country’s history. Before that, in March of fiscal year 2024–25, remittances stood at $3.29 billion, marking the highest single-month inflow on record.
