Remittance inflow from expatriate Bangladeshis jumped to $696 million in the first six days of July.
At the same time, the country’s foreign exchange reserves remained stable, standing close to US$38 billion in gross terms, according to the latest data released by Bangladesh Bank.
The central bank data showed that expatriate Bangladeshis sent home $696 million in remittances between July 1 and July 6, 2026, compared to $427 million received during the same period of the previous fiscal year.
The inflow marked a 62.8 percent rise year-on-year, reflecting continued reliance on formal banking channels by migrant workers to send money home.
On July 6 alone, Bangladesh received $129 million in workers’ remittance.
Meanwhile, Bangladesh Bank reported that the country’s gross foreign exchange reserves stood at $37.85 billion as of July 6.
Under the International Monetary Fund’s (IMF) Balance of Payments and International Investment Position Manual (BPM6) calculation method, the reserves stood at $33.20 billion.
The combination of strong remittance inflows and a stable reserve position is expected to provide a cushion for Bangladesh’s macroeconomic stability amid uncertainties in the global economy.
In the previous fiscal year 2025-26, Bangladeshi expatriates sent $35.34 billion in remittances through official banking channels.
