Bangladesh receives $2.25bn in remittances in 24 days
The strong inflow of remittances to Bangladesh has continued its dominating trend into May, with expatriates sending around $2.25 billion in the first 24 days of this month.
According to the latest data of Bangladesh Bank (BB) released Sunday, expatriates have sent remittances of $26.78 billion during the July-May 25 of the current fiscal year 2024-25.
In April, Bangladesh recorded its second-highest monthly remittance inflow in history, just under $3 billion. The previous month, March, saw a record $3.29 billion in remittances ahead of Eid-ul-Fitr, the highest ever for a single month.
According to the central bank, the previous peak before that came in December 2024, when remittances reached $2.64 billion. By that measure, April's figure is now the second highest on record.
With May's total crossing the $2 billion mark, Bangladesh has now seen 10 consecutive months of monthly remittances exceeding that threshold.
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