Bangladesh received around $1.6 billion in remittances in the first 17 days of August, according to the latest report from the central bank.
Based on an exchange rate of Tk 122 per US dollar, this amounts to approximately Tk 19,642 crore.
The report also states that state-owned banks received $493.3 million, while specialised banks received $150 million.
Private banks handled the largest share, bringing in around $962 million, while foreign banks facilitated an additional $3.13 million.
In July, Bangladesh received $2.477 billion in remittances, equivalent to around Tk 30,239 crore.
However, that month, eight banks, including state-owned Bangladesh Development Bank and Rajshahi Krishi Unnayan Bank, private banks like Community Bank, ICB Islamic Bank, and Padma Bank, and foreign banks such as Habib Bank, National Bank of Pakistan, and State Bank of India, recorded zero remittance inflows.
According to the Bangladesh Bank, the highest monthly remittance in fiscal year 2024–25 arrived in March, when the country received $3.29 billion, setting a yearly record.
Total remittance for the entire fiscal year stood at $30.33 billion, 26.8% higher than the previous year's total of $23.91 billion.
A month-by-month breakdown for FY 2024–25 is as follows:
· July: USD 1.9137 billion
· August: USD 2.2213 billion
· September: USD 2.4041 billion
· October: USD 2.3950 billion
· November: USD 2.2 billion
· December: USD 2.64 billion
· January: USD 2.19 billion
· February: USD 2.53 billion
· March: USD 3.29 billion
· April: USD 2.75 billion
· May: USD 2.97 billion
· June: USD 2.82 billion
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