• Dhaka Wednesday, 05 Mar, 2025

February remittance hits 4rth-highest in history

March 2, 2025, 08:15 PM

February remittance hits 4rth-highest in history

News Desk

Bangladesh received $2.53 billion in remittances through official banking channels in February, equivalent to Tk 31,094 crore at an exchange rate of Tk 123 per dollar.

This marks the fourth-highest monthly remittance inflow in the country’s history. The highest was recorded in July of the 2020-21 fiscal year, when expatriates sent $2.60 billion.

The second-highest inflow of $2.59 billion was recorded in July 2020.

The third highest was registered $2.54 billion was recorded in June 2024.

The Bangladesh Bank revealed the data on Sunday, showing that remittance inflows in the first eight months (July-February) of the 2024-25 fiscal year totaled $18.49 billion, a 23.80% increase compared to the same period last fiscal year, when it stood at $14.94 billion.

In the current fiscal year, remittance inflows stood at $1.91 billion in July, $2.22 billion in August, $2.40 billion in September, $2.39 billion in October, $2.20 billion in November, $2.64 billion in December, $2.19 billion in January, and $2.53 billion in February.

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