Desk Report,
Expatriate income reached $1 billion in 9 days
The trend of expatriate income continues this month. In the first 9 days, more than one billion dollars ($1018 million) in remittances or expatriate income has arrived in the country. This information was revealed by Bangladesh Bank sources on Wednesday.
Expatriate income reached $1 billion in 9 days
Those concerned say that the arrival of expatriate income through legal channels has increased. In addition, the price of the dollar has been fluctuating for some time. Many can take this opportunity.
Bangladesh Bank said that on the 9th of September, 1018 million dollars in remittances arrived, which is $185 million more than the same period last year. Last year, the amount of remittances received during that period was $833 million. From July to September 9, the first month of the current (2025-26) fiscal year, the income received was $5918 million. In the same period in the 2024-25 fiscal year, $4971 million came.
In the recently concluded month of August, the country received $2422 million in expatriate income. In August last year, the country received $2224 million. As a result, there was a growth of about 9 percent in expatriate income in August compared to August last year. Although banking transactions were disrupted due to student-public agitation and government change in the first week of August last year.
Although expatriate income increased in August last year compared to August last year, it decreased compared to July. Expatriate income in the country last July was $247.78 million.
Since the fall of the Awami League government in August last year, the positive trend in expatriate income has continued. As a result, expatriate income reached a record in March. In that month, $3.29 billion in expatriate income came to the country, which is the highest expatriate income in any month so far. After that, expatriate income did not exceed $3 billion in a month. The reason for the increase in expatriate income is said to be that illegal hundi business has decreased due to the decrease in money laundering. In addition, the dollar exchange rate in the banking channel is stable. Therefore, income coming through legal channels has increased.
