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Remittance inflow reaches $915 million in first eight days of August

Published : Sunday, 9 August, 2026 at 5:52 PM

Observer Online Report

Collected Photo

Bangladesh received $915 million in remittances during the first eight days of August, marking a 42.9 percent increase compared with the same period last year, according to the latest data from Bangladesh Bank.

The country received a total of $3.773 billion in remittances between July 1 and August 8 of the current 2026-27 fiscal year, up nearly 21 percent from $3.118 billion recorded during the corresponding period of the previous fiscal year.

According to the central bank data, remittance inflows amounted to $313 million between August 6 and 8. In the preceding two days, August 4 and 5, expatriate Bangladeshis sent $196 million through official channels.

The continued rise in remittance inflows has also contributed positively to the country’s foreign exchange position. Officials and related stakeholders believe that sustained remittance growth could help ease pressure on foreign exchange reserves and support macroeconomic stability.

Remittance inflows also recorded strong growth in July, the first month of the current fiscal year. The continued upward trend in the opening days of August has raised expectations that remittance earnings will maintain momentum throughout the year.

The stronger flow is also being attributed to a growing preference among overseas Bangladeshis to send money through formal banking channels.

-HIS

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Editor : Iqbal Sobhan Chowdhury

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