Flow of Inward Remittance Crosses $3.0b-Mark in March

Last updated: April 6, 2025

Dhaka, Bangladesh (BBN) - The flow of inward remittance crossed US$3.0 billion-mark in March this calendar year following celebration of the Eid-ul-Fitr festival.

Remittance inflow to Bangladesh jumped by nearly 65 per cent to $3.29 billion in March 2025 from $1.99 billion a year before. It was $2.53 billion in February 2025.

However, the inflow of remittance grew by more than 27 per cent to $21.78 billion during the July-March period of fiscal year (FY), 2024-25, from $17.07 billion in the same period of the previous fiscal, according to the central bank latest statistics, released on Sunday.

The central bank of Bangladesh had earlier taken a series of measures to encourage expatriate Bangladeshis to send their hard-earned money through the formal banking channel instead of illegal "hundi" system in order to boost the country's foreign exchange reserves.

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