Tuesday, 28 Apr, 2026
Published: April 27, 2026, 10:32 PM
Bangladesh has witnessed a significant surge in remittance inflows during the first 26 days of April, providing a vital boost to the country`s foreign exchange reserves and overall economic stability. According to the latest data released by the central bank, expatriate workers sent home a total of $2.718 billion between April 1 and April 26.
In local currency, this amount translates to over 33,159 crore BDT, calculated at an exchange rate of 122 BDT per US dollar. The official announcement was made by Arif Hossain Khan, the spokesperson for Bangladesh Bank, during a press briefing on Monday afternoon.
The current figures represent a substantial growth compared to the performance during the same period in the previous year. In April 2025, the country received $2.271 billion in the first 26 days.
The year-on-year analysis indicates an impressive growth of 19.60 percent in remittance earnings. A closer look at the daily transactions reveals that on a single day, Sunday, the inflow reached approximately 1,695 crore BDT. This consistent daily performance highlights a growing preference among the Bangladeshi diaspora to utilize formal banking channels for fund transfers rather than informal networks.
When evaluating the cumulative data for the current fiscal year, the upward trend becomes even more evident. From July 1 to April 26 of the current fiscal year, Bangladesh has accumulated a total of $28.926 billion in remittances. This is a sharp increase from the $24.056 billion recorded during the corresponding period of the previous fiscal year.
This 20.20 percent increase in total fiscal year earnings suggests that government and central bank policies aimed at incentivizing formal transfers are yielding tangible results. Analysts believe that the alignment of the dollar exchange rate with market realities has been a primary driver in encouraging expatriates to send more money home.
Economists have pointed out that this robust inflow of foreign currency is crucial for Bangladesh as it navigates global economic uncertainties and internal inflationary pressures. The increased availability of US dollars in the banking system is expected to ease the pressure on the balance of payments and facilitate smoother international trade settlements. Furthermore, the high growth rate in remittances acts as a buffer against fluctuations in export earnings.
The central bank remains optimistic that the momentum will continue throughout the remainder of the month, potentially setting a new monthly record for the country.
The role of expatriate workers, often referred to as "remittance warriors," remains central to the nation`s development narrative. The central bank spokesperson emphasized that efforts are ongoing to simplify the remittance process and ensure that beneficiaries receive their funds without delay.
As the dollar rate stays around the 122 BDT mark, the competitive exchange value has made formal banking more attractive for workers abroad. Bangladesh Bank continues to monitor the market closely to maintain stability while ensuring that the legal channels for money transfer remain the most efficient and rewarding option for the millions of Bangladeshis working across the globe.
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