Bangladesh Receives $2.48 Billion Remittance in 19 Days

In the first 19 days of May this year, Bangladesh received $2.483 billion in expatriate income or remittances. In Bangladeshi currency, this amounts to BDT 30,478 crore 82 lakh 50 thousand (calculated at an exchange rate of BDT 122.75 per dollar).

- Advertisement -

Arif Hossain Khan, spokesperson for Bangladesh Bank, confirmed this information to the media on Wednesday afternoon (May 20).

Read More:  US-Iran Tit-for-Tat Attacks in Strait of Hormuz

He stated that, on average, $130.7 million in remittances arrived daily in the first 19 days of May. The total remittance for the same period last year was $1.793 billion. Consequently, there has been a significant increase in the flow of expatriate income over the past year.

From July of the current 2025-26 fiscal year until May 19, total remittances amounted to $31.816 billion. This is 38.50 percent higher compared to the same period in the previous fiscal year.

Read More:  BD24Live Achieves 15-Year Milestone in Bangladesh's Digital Journalism

According to banking officials, expatriates are sending extra money to their families and relatives in Bangladesh ahead of Eid-ul-Adha, which has further strengthened the flow of remittances.

Earlier, in March of this year, the country received $3.75505 billion, which set a new record for the highest single-month remittance in Bangladesh’s history. In April, $3.1273 billion was received.

Read More:  Bitcoin faces new tariff risk as EU races to finalize US trade deal this month

Facebook Comments Box

Related

Hunter Biden Now Accepts Bitcoin For Artwork On His Official Website

Hunter Biden, the son of former President...

Minnesota Law Opens Crypto Custody To Banks, Credit Unions

Minnesota has become the latest state to...

CLARITY Act puts CFTC crypto capacity to the test

Make CryptoSlate preferred on...