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Bangladesh received $2.75 billion in remittances in April 2025—marking the second-highest monthly inflow in the country’s history, according to data released by Bangladesh Bank. The record for the highest monthly remittance was just set a month earlier in March, when the figure reached $3.29 billion.
This sustained surge in remittance comes as expatriate Bangladeshis continue to send money home at an increased rate following the political transition that ended autocratic rule last year.
A key factor behind this growth is the government’s reformed foreign exchange policy, which has significantly narrowed the gap between official and unofficial dollar rates. Currently, the official exchange rate stands between Tk121 and Tk122.50 per US dollar, while the informal market offers Tk123 to Tk124.50—making formal channels more attractive for remitters.
In the first 10 months of the current fiscal year (July 2024–April 2025), remittance inflows have already exceeded the total for the entire previous fiscal year (July 2023–June 2024), which stood at $23.91 billion.
April’s inflow also represents a 34.6% increase compared to the same month last year, reflecting growing confidence in the formal remittance system.
