In the first 25 days of February, expatriate income or remittances reached $2.792 billion.
This is 22.4% more than the same period last year.
On February 25 alone, expatriates sent $108 million in a single day.
This continuous flow indicates that the positive momentum in remittances will continue at the end of the month.
In the first eight months of the current FY26 (July 25 to February 25, 2026), the total remittances received were $22.25 billion.
In the same period of the last fiscal year (July 2024 to February 25, 2025), $18.242 billion were received. Accordingly, the remittance flow in the current fiscal year has increased by 21.8%.
According to economists, such double-digit growth is helping to stabilize the foreign exchange market.
This increase in expatriate income flows is being seen for several reasons: incentives and simplified procedures in banking channels, strengthened surveillance against hundi, the exchange rate becoming more market-oriented, the expansion of employment in the Middle East and Europe, and as a result, expatriates are now more interested in sending money through legal channels.
Remittances are one of the main sources of foreign exchange for Bangladesh.
Along with export income, an increase in expatriate income strengthens the central bank's reserves, makes it easier to meet import costs, and reduces pressure on the dollar market.
Sources believe that the continuous growth of more than 20% in recent months is sending a positive message to the macroeconomic environment. Remittances are playing a major role in controlling inflation, maintaining import balance, and stabilizing the currency market.
If this trend continues, there may be a possibility of setting a new record in remittances by the end of the current fiscal year.
However, according to analysts, the stability of the foreign labor market, incentive policies, and the dollar exchange rate—these three factors will play an important role in determining future flows.