DHAKA – Bangladesh recorded a significant rise in remittance inflows for April 2026, with expatriates sending $312.70 crore. This amount equates to Tk38,384 crore in local currency, based on an exchange rate of Tk122.75 per dollar. The figures were officially released by Bangladesh Bank on Sunday, May 3.

Comparative Growth and Records
The April inflow represents a 13.6% increase compared to the same month last year, which saw $275.20 crore in remittances. The first 10 months of the current fiscal year (July to April) also showed a sharp upward trend:

Total 10-Month Inflow: $2,933.20 crore.

Previous Fiscal Year (Same Period): $2,453.70 crore.

Growth Rate: 19.5%.

According to Bangladesh Bank, March 2026 remains the country’s highest-ever month for remittances, reaching $375.50 crore. Other notable peaks include $329.56 crore in March 2025, $322.66 crore in December 2025, and $317 crore in January 2026.

Drivers of the Inflow Increase
Experts and remittance management officials attribute this growth to several key factors:

Structural Reforms: Improvements in remittance-sending channels and reforms in the dollar exchange system.

Government Incentives: Direct incentives provided to expatriates.

Labor Market Dynamics: Increased pressure and demand in the international labor market.

Geopolitical Impact: The conflict following the US-Israel attack on Iran on February 28 created Middle East instability, prompting expatriates to send more of their available savings back home during March and April.

Future Outlook
Officials anticipate that this positive trend will likely continue through May. The upcoming Eid-ul-Azha festival is expected to drive further increases as expatriates traditionally send more money home for religious celebrations.