Remittance inflows at record $3.62b in 30 days of March


FE Team | Published: April 01, 2026 00:04:30


Remittance inflows at record $3.62b in 30 days of March


Bangladesh's remittance inflows have reached a historic high, recording US $3.62 billion in the first 30 days of March 2026.
This surge, fueled by expatriates' increasing transfers ahead of the Eid-ul-Fitr celebrations, has pushed the foreign-exchange reserves to a robust $34.05 billion, reports UNB.
The March figure marks a significant 10.7 per cent growth compared to the $3.27 billion received during the same period in 2025. This record-breaking performance in March 2026 contributes to an exceptional trajectory for the current fiscal year (FY 2025-26).
Cumulative remittance from July 2025 to March 28, 2026, has reached $26.07 billion, a staggering 19.8 percent increase over the $21.76 billion recorded during the corresponding period of FY 2024-25. Central bank officials attribute this record-breaking trend to the government's 2.5 percent cash incentive on formal banking channels, which has effectively discouraged the informal "hundi" system.
Bolstered by the influx of foreign currency, Bangladesh's gross foreign exchange reserves rose to $34.05 billion as of March 30, 2026. Under the IMF's BPM6 manual, the reserves stood at $29.35 billion. This is a slight adjustment from mid-month figures, where gross reserves peaked at $34.22 billion on March 16.

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