Bangladesh received record-high $3.29 billion remittance in March
Published: 06 April 2025, 8:10:03
Bangladesh received a record-high US$3.29 billion in inward remittances in March 2025, marking the highest monthly inflow in the country’s history.
According to the latest data from Bangladesh Bank, remittance inflows in March saw a staggering 64.7 percent year-on-year growth, compared to $1.99 billion in March 2024, reports UNB.
During the first nine months (July–March) of the current fiscal year 2024–25, expatriates sent a total of $21.77 billion in remittances.
Remittances extend monthly record to $2.95 billion in just 26 days of March
This is significantly higher than the $17.07 billion received in the corresponding period of the previous fiscal year 2023–24.
The monthly breakdown of remittance inflows from July to March is as follows:
July: $1.91 billion
August: $2.22 billion
September: $2.40 billion
October: $2.39 billion
November: $2.20 billion
December: $2.64 billion
January: $2.19 billion
February: $2.53 billion
March: $3.29 billion
The continued growth in remittance inflows is expected to boost the country’s foreign currency reserves and support economic stability.