, May 12 -- Bangladesh received US $735 million in remittances in the first seven days of May, showing a 23.3 percent year-on-year growth compared to the same period last year.

According to data released by Bangladesh Bank on Monday, expatriates sent $735 million from May 1 to 7, while the amount was $601 million during the corresponding period of 2024.

From July 2024 to May 7, Bangladesh received a record $25.27 billion in remittances, up from $19.72 billion during the same period in the previous fiscal year.

Reserves breach $22 bn-mark on back of strong currency, remittances

In the first 10 months (July-April) of the ongoing fiscal year 2024-25, expatriates remitted $24.54 billion, surpassing the total remittance received in the ent...