Record Remittance in February: A Positive Boost for Bangladesh’s Economy

By Monday The

Record Remittance in February: A Positive Boost for Bangladesh’s Economy

Record Remittance in February: A Positive Boost for Bangladesh’s Economy

Record Remittance in February: A Positive Boost for Bangladesh’s Economy
Record Remittance in February: A Positive Boost for Bangladesh’s Economy

In February, Bangladesh experienced a significant rise in remittance inflows, demonstrating the strong financial contributions of its expatriates. According to the latest data from Bangladesh Bank, the country received a total of $2.52 billion in remittances, with an average daily inflow of $113.2 million.

 

This surge in remittance is a vital factor in strengthening Bangladesh’s foreign exchange reserves, supporting economic stability, and fueling national development. Experts attribute this growth to the government’s proactive policies, the expansion of digital banking services, and increased awareness among migrant workers about using formal banking channels for remittance transfers.

 

The steady rise in remittance inflows is expected to reduce pressure on the exchange rate, enhance liquidity in the financial sector, and contribute to overall economic resilience. With continued efforts to support expatriates and improve financial infrastructure, Bangladesh is well-positioned to maintain this positive momentum and further strengthen its economic founda

tion.