Beta Edition

Friday, 29 Aug 2025

Remittances worth Tk 30,000 crore arrived in July

Staff Correspondent
Published: Monday, August 4, 2025 11:19 AM
Remittances worth Tk 30,000 crore arrived in July

At the beginning of the new fiscal year, expatriates sent home good news in terms of remittances. In July, they sent home 2.48 billion US dollars, which is about 30,230 billion taka in Bangladeshi currency (calculated at 122 taka per dollar).

This information was provided in an updated report by Bangladesh Bank on Sunday (August 3).

Data analysis shows that this income is 29.48 percent higher than the same month last year. In July 2024, $1.91 billion in remittances came into the country.

In July last year, expatriates took to social media to protest political unrest and reduce remittances. Later, after political changes, remittance flows began to increase again.

Bangladesh Bank said that this money sent using banking channels is directly having a positive impact on the country's foreign exchange reserves. Officials say this continuity has been created due to various government initiatives to prevent hundi, a 2.5 percent incentive on remittances and the development of banking services.

Earlier, in June, expatriate Bangladeshis sent remittances worth US$2.82 billion to the country, which is 11 percent more than the same period the previous year.

There was a record flow of remittances sent by expatriates in the 2024-25 fiscal year.

According to Bangladesh Bank data, remittances to the country at the end of the 2024-25 fiscal year amounted to 30.33 billion US dollars, which is about 27 percent more than the previous fiscal year. Remittances in the 2023-24 fiscal year amounted to 23.74 billion US dollars. This figure is the highest remittances to the country in a single fiscal year. Such a continuous increase in expatriate income has brought stability to the country's economy and relief in the supply of dollars.

HN/ MR

US blocks Palestinian officials from attending UNGA as countries prepare to recognize Palestine

US blocks Palestinian officials from attending UNGA as countries prepare to recognize Palestine

Janata Bank Asset-Liability Management Committee Meeting Held

Janata Bank Asset-Liability Management Committee Meeting Held

BUET students hold torchlight procession to protest police attack

BUET students hold torchlight procession to protest police attack

Israeli army declares Gaza City ‘dangerous combat zone’

Israeli army declares Gaza City ‘dangerous combat zone’

No one can be considered a foreigner just for speaking Bengali, says Supreme Court of India

No one can be considered a foreigner just for speaking Bengali, says Supreme Court of India

Thai court orders dismissal of Prime Minister Phatthana Shinawatra

Thai court orders dismissal of Prime Minister Phatthana Shinawatra

Former minister Latif Siddiqui detained

Former minister Latif Siddiqui detained

Complete shutdown underway at all engineering universities, including BUET

Complete shutdown underway at all engineering universities, including BUET

Premier Bank reports first 'no dividend' after listing, losses

Premier Bank reports first 'no dividend' after listing, losses

India could receive 25% tariff reduction 'tomorrow' if it stops buying Russian oil: Senior US official

India could receive 25% tariff reduction 'tomorrow' if it stops buying Russian oil: Senior US official

শিক্ষার্থীদের ওপর লাঠিচার্জের বিচার চাইলেন বুয়েটের ভিসি

শিক্ষার্থীদের ওপর লাঠিচার্জের বিচার চাইলেন বুয়েটের ভিসি

দাবি পূরণ না হওয়াই আন্দোলন চালিয়ে যাবেন প্রকৌশল শিক্ষার্থী

দাবি পূরণ না হওয়াই আন্দোলন চালিয়ে যাবেন প্রকৌশল শিক্ষার্থী

Argentina’s president pelted with stones while campaigning

Argentina’s president pelted with stones while campaigning

Search continues for two boaters missing after canoe capsized on Upper Kananaskis Lake

Search continues for two boaters missing after canoe capsized on Upper Kananaskis Lake

South Korea, US conduct joint maritime infiltration drills

South Korea, US conduct joint maritime infiltration drills

Palestinian journalists killed in Israeli attacks commemorated in London

Palestinian journalists killed in Israeli attacks commemorated in London

2 children, assailant dead after shooting at Minnesota church

2 children, assailant dead after shooting at Minnesota church

Final roadmap for national elections to be announced today

Final roadmap for national elections to be announced today

Nagad to go to private sector: Governor

Nagad to go to private sector: Governor

Election roadmap may be announced on Thursday

Election roadmap may be announced on Thursday

Bangladeshi Protest in Front of the Indian Embassy in Canada

Bangladeshi Protest in Front of the Indian Embassy in Canada

SpaceX's Starship rocket completes 5th test flight, returning booster on land

SpaceX's Starship rocket completes 5th test flight, returning booster on land

ফুরোলো অপেক্ষা, পরিবারের কাছে ফিরলেন নাবিকরা

ফুরোলো অপেক্ষা, পরিবারের কাছে ফিরলেন নাবিকরা

When and where will cyclone 'Dana' hit?

When and where will cyclone 'Dana' hit?

Flight operations from Bangladesh to various destinations in India are disrupted due to lack of passengers

Flight operations from Bangladesh to various destinations in India are disrupted due to lack of passengers

ফুটবল ইতিহাসে সবচেয়ে বেশি ট্রফি এখন মেসির

ফুটবল ইতিহাসে সবচেয়ে বেশি ট্রফি এখন মেসির

প্রার্থীদের বহিষ্কার বিএনপির ভুল সিদ্ধান্ত নাকি কৌশল?

প্রার্থীদের বহিষ্কার বিএনপির ভুল সিদ্ধান্ত নাকি কৌশল?

পাঁচ দশকে ডলারের দাম বেড়েছে ১৫১৬ শতাংশ

পাঁচ দশকে ডলারের দাম বেড়েছে ১৫১৬ শতাংশ

Gas tanker explosion kills more than 140 people in Nigeria

Gas tanker explosion kills more than 140 people in Nigeria

Elon Musk's xAI seeks AI tutors with good offer

Elon Musk's xAI seeks AI tutors with good offer

বদলে যাচ্ছে মহাখালী বাস টার্মিনাল এলাকার চিত্র

বদলে যাচ্ছে মহাখালী বাস টার্মিনাল এলাকার চিত্র

জনপ্রিয়তার তুঙ্গে ‘প্যালেস্টাইন কোলা’

জনপ্রিয়তার তুঙ্গে ‘প্যালেস্টাইন কোলা’

ই-বর্জ্য ব্যবস্থাপনা ব্যবস্থা উন্নত করতে কাজ করছে সরকার: পরিবেশমন্ত্রী

ই-বর্জ্য ব্যবস্থাপনা ব্যবস্থা উন্নত করতে কাজ করছে সরকার: পরিবেশমন্ত্রী

কালশী পুলিশ বক্সে আগুন দিয়েছে অটোরিকশা চালকরা

কালশী পুলিশ বক্সে আগুন দিয়েছে অটোরিকশা চালকরা

চোটগ্রস্ত তাসকিন কেন সহ-অধিনায়ক, জানালেন লিপু

চোটগ্রস্ত তাসকিন কেন সহ-অধিনায়ক, জানালেন লিপু

এভাবে প্রশ্ন করবেন না, খোঁচাবেন না: কাদের

এভাবে প্রশ্ন করবেন না, খোঁচাবেন না: কাদের

“Our family almost became lifeless after my son’s death”: martyr Sajjad’s mother

“Our family almost became lifeless after my son’s death”: martyr Sajjad’s mother

Where can the cyclone 'Dana' run more rampage?

Where can the cyclone 'Dana' run more rampage?

কানাডার হাইকমিশনারের পদত্যাগে স্মারকলিপি

কানাডার হাইকমিশনারের পদত্যাগে স্মারকলিপি

Iran launched a new medicine for breast cancer without side effects

Iran launched a new medicine for breast cancer without side effects

Todays All

Office: 1545, Alta Vista Drive, Ottawa, ON K1G 3PG, CANADA
Bangladesh Office : House- 15, Road- 05, Sector- 09, Uttara, Dhaka