Bangladeshis living abroad sent home 15 percent higher year-on-year remittances in July, but the overall inflow stood below $3 billion for the second consecutive month, according to Bangladesh Bank (BB) data released yesterday.

Latest figures have raised concerns as demand for foreign currency continues to grow to meet import payment obligations

Overall remittance inflows grew 17.30 percent year-on-year in FY26

Bangladesh received $3.42 billion in remittances in May this year as migrant workers and Bangladeshis living abroad sent more money home to help their families celebrate Eid-ul-Azha.

Out of $3.75 billion, Dhaka received $1.85 billion, Ctg ranked second with $1.16 billion

The inflow, however, fell short of March's record $3.75 billion, the highest single-month figure on record

The crisis has forced the cancellation of over 600 Middle East-bound flights from Bangladesh

Remittances have become a much-anticipated relief for the economy reeling under macroeconomic stress, growing steadily since August last year and providing the interim government with a breather amid a rapid erosion of foreign exchange reserves.

Their concerns, if left unaddressed, may impact remittance inflow

Time to rethink our fixed exchange rate policy.

Government must address use of unauthorised channels and migrants' skills gap

Tragic factory fire in Saudi Arabia highlights the urgent need for migrant worker safety

Bangladesh must prioritise sending skilled labour overseas