During the first nine days of May this year, Bangladesh received remittance inflows amounting to 102.90 million US dollars, equivalent to approximately 12,630 crore 97 lakh 50 thousand Bangladeshi taka, calculated at an exchange rate of 122.75 taka per US dollar.
This information was confirmed on Sunday (10 May) by Arif Hossain Khan, spokesperson for the Bangladesh Bank. He further stated that remittance inflows over the past three days alone (Thursday to Saturday) stood at 34.00175 billion taka in local currency terms.
Remittance inflow in early May
| Period | Remittance (USD) | Approx. BDT value | Year-on-year change |
|---|---|---|---|
| 1–9 May (current year) | 102.90 million | 12,630.97 crore | +19.10% |
| 1–9 May (previous year) | 86.40 million | — | — |
Compared with the same period in the previous year, when remittance inflows stood at 86.40 million US dollars, the current figure represents an increase of 19.10 per cent. This indicates a sustained upward trend in overseas remittance inflows during the early part of the month.
Cumulative remittance performance (FY comparison)
The broader fiscal-year data also reflects continued growth in remittance inflows. From 1 July to 9 May in the current financial year, Bangladesh received a total of 3,036.20 million US dollars in remittances. In the corresponding period of the previous financial year, the amount was 2,540.10 million US dollars.
| Fiscal period | Remittance (USD) | Year-on-year change |
|---|---|---|
| Current fiscal year (1 July–9 May) | 3,036.20 million | +19.50% |
| Previous fiscal year (same period) | 2,540.10 million | — |
The data indicates a year-on-year increase of 19.50 per cent in remittance inflows over the comparative fiscal period.
According to the Bangladesh Bank, the sustained growth in remittance inflows is a notable component of the country’s external financial position. While no additional commentary was provided beyond the official figures, the data reflects a continued rise in foreign currency inflows through expatriate earnings during the reporting periods.