Bangladesh witnessed a remarkable surge in remittance inflows in February 2026, with expatriates sending a total of $3.02 billion, marking a 19.15% increase compared to February 2025, according to figures released by Bangladesh Bank. This is one of the highest monthly remittance inflows recorded in February in recent years, highlighting a continuing upward trajectory.
Arif Hossain Khan, spokesperson for Bangladesh Bank, told journalists that the growth is largely driven by expatriates sending additional funds ahead of Ramadan and Eid-ul-Fitr to support household and family expenses. The central bank has been actively purchasing dollars to maintain economic stability in response to the higher inflows. Since the start of the current fiscal year in July 2025, the bank has acquired over $5 billion through auction mechanisms.
A senior banking official noted that the sustained rise over the past 18 months reflects a growing preference among expatriates for official and regulated banking channels. Currently, banks are purchasing remittances at BDT 122.40–122.45 per USD, narrowing the gap with the informal or “hundi” market. Since the political transition in August 2024, informal channels linked to the previous government have significantly diminished, strengthening official remittance flows.
In January 2026, remittances reached $3.17 billion, up 45.41% year-on-year. The all-time monthly peak remains $3.29 billion in March 2025, followed by $3.22 billion in December 2025, indicating a consistent upward trend.
For the first eight months of the 2025–26 fiscal year (July 2025 to February 2026), cumulative remittance inflows totalled $22.45 billion, representing a 21.4% increase from $18.49 billion over the same period last year. Experts attribute this growth to seasonal remittances, improvements in banking infrastructure, and the decline of informal channels.
Monthly Remittance Summary (USD Billion)
| Month – Year | Remittance (USD Billion) | Annual Growth (%) |
|---|---|---|
| January 2025 | 2.18 | – |
| February 2025 | 2.52 | – |
| March 2025 | 3.29 | – |
| December 2025 | 3.22 | – |
| January 2026 | 3.17 | 45.41 |
| February 2026 | 3.02 | 19.15 |
Bankers and economists anticipate that remittance inflows will continue to rise through the remainder of the year, particularly ahead of major festivals, as confidence in formal banking channels strengthens.
The continuous upward trend in remittances is viewed as a positive signal for Bangladesh’s foreign currency reserves and economic stability, bolstering both liquidity and investor confidence in the national economy.