In the first ten days of the current month, Bangladesh received remittances amounting to 1.28 billion US dollars, according to data released by the Bangladesh Bank. This translates to an average inflow of 128 million US dollars per day during the period.
On Tuesday, the central bank’s spokesperson, Arif Hossain Khan, confirmed the figures, stating that remittance inflows during the first ten days of May stood at 128 crore US dollars. In comparison, the corresponding period last year saw inflows of 90 crore 40 lakh US dollars.
The year-on-year comparison indicates an increase in remittance inflows for the same period, reflecting a higher volume of funds sent by expatriate Bangladeshis through formal banking channels.
The latest data also forms part of a broader monthly trend observed in recent months. According to Bangladesh Bank statistics, remittance inflows have remained above the 300 crore US dollar mark in several consecutive months, with some fluctuations.
March recorded the highest monthly inflow in recent times, while April saw a decline compared to the previous month. Despite this variation, the overall trend has remained relatively strong in terms of foreign currency inflows from remittances.
The monthly figures released by the central bank are summarised below:
Monthly Remittance Inflows
| Period | Remittance Inflow (US dollars) |
|---|---|
| January | 317 crore 9 lakh 40 thousand |
| February | 302 crore 7 lakh 60 thousand |
| March | 375 crore 50 lakh 50 thousand |
| April | 312 crore 73 lakh |
| May (first 10 days) | 128 crore |
In March, remittance inflows reached 375 crore 50 lakh 50 thousand US dollars, which stands as one of the highest monthly totals recorded in recent times. This was followed by a decrease in April, when inflows stood at 312 crore 73 lakh US dollars.
Earlier in the year, January and February also recorded strong inflows, each exceeding 300 crore US dollars. January saw remittances of 317 crore 9 lakh 40 thousand US dollars, while February registered 302 crore 7 lakh 60 thousand US dollars.
Remittance inflows constitute a significant component of Bangladesh’s foreign currency earnings. They are primarily sent by Bangladeshi nationals working abroad and are channelled through formal banking systems. The central bank regularly publishes these figures to track foreign currency movement and monitor trends in external financial inflows.
The data for the first ten days of May suggests that remittance inflows continue to maintain a substantial level compared with the same period in the previous year, when the recorded amount was lower by a considerable margin.