Bangladesh has received $2.47 billion in remittance during the first month of the current fiscal year 2025–26, according to data released by Bangladesh Bank on Monday (August 3).

The amount received in July was $2.47791 billion, equivalent to Tk30,106.60 crore, calculated at the exchange rate of Tk121.50 per US dollar.

The July inflow was slightly lower than that of June this year, which saw $2.82253 billion in remittance. However, it was higher than the amount received in July last year, which was $1.91377 billion.

Despite the year-on-year increase, July’s remittance was lower than the average monthly inflow of the previous fiscal year 2024–25. On average, Bangladesh received $2.25274833 billion per month last fiscal year, with a total annual inflow of $30.32881 billion.

Breakdown of the July remittance shows that $547.63 million came through state-owned banks, $229.22 million through Bangladesh Krishi Bank, $1.68976 billion through private commercial banks, and $11.3 million through foreign banks.

MSK/