Dhaka: The remittance from Bangladeshi expatriates continued its upward momentum in January, with the country receiving more than US$1.12 billion in the first 10 days of the month.

According to United News of Bangladesh, Bangladesh received $17.39 billion in inward remittances from July to January 10, 2026, in the current fiscal year, FY 2025-26, marking a 20 percent growth compared to $14.49 billion in the same period of FY 2024-25. This increase in remittance has contributed to the gross forex reserves of Bangladesh surpassing $33 billion, with reserves standing at over $29 billion as per the IMF standard BPM6.

Arif Hossain Khan, Executive Director and spokesperson of Bangladesh Bank (BB), noted that expatriates have sent $1.12 billion in the first 10 days of January 2026, compared to $7.17 million in the same period of January 2025. This indicates a 57.2 percent growth in remittance earnings during this period.

The growth is attributed to several factors, including incentives for sending money through legal banking channels, increased encouragement for using the formal system, and the active role of exchange houses.

In FY 2025-26, Bangladesh received $2.47 billion in remittances in July, $2.42 billion in August, $2.68 billion in September, $2.56 billion in October, $2.88 billion in November, and $3.22 billion in December. The data revealed an average inward remittance of over $2.42 billion in the past six months, influencing Bangladeshi policymakers to prioritize remittance inflows over borrowing from the IMF with stringent conditions.