Remittance inflows reach $2.24bn in 23 days of June

Bangladesh received remittances worth $2.238 billion during the first 23 days of June, maintaining the strong inflow trend that has supported the country's foreign exchange reserves throughout the fiscal year.

Bangladesh Bank spokesperson Arif Hossain Khan confirmed the figures on Wednesday.

According to central bank data, expatriate Bangladeshis sent $2.238 billion in remittances between June 1 and June 23. At an exchange rate of Tk 122 per US dollar, the amount is equivalent to more than Tk 27,000 crore.

The latest figures indicate an average daily remittance inflow of approximately $97.3 million during the period.

Remittance earnings also recorded a year-on-year increase. During the corresponding period of June last year, expatriates had sent $2.209 billion to the country.

Data further showed that total remittance inflows reached $34.995 billion from July 2025 to June 23 of the current fiscal year, compared with $29.715 billion received during the same period of the previous fiscal year.

As a result, remittance inflows have grown by 17.8% year-on-year, reflecting continued confidence among overseas Bangladeshis in sending money through formal banking channels.

Earlier, the country received $2.97 billion in remittances in May alone, equivalent to around Tk 36,234 crore at the prevailing exchange rate. The figure marked the second-highest monthly remittance inflow in Bangladesh's history.

Economists say the sustained growth in remittance earnings has played a crucial role in supporting foreign exchange reserves, easing pressure on the balance of payments and strengthening the country's external sector.

TZ