Dhaka, March 20 -- Bangladesh is on track to set a new record in remittance inflows, with expatriates sending $2.25 billion through banking channels in the first 19 days of March.

This marks a significant 78.4 per cent increase compared to the same period last year.

According to the latest data from Bangladesh Bank, the surge in remittance is largely attributed to the upcoming Eid celebrations, as non-resident Bangladeshis are remitting more funds to support their families.

Remittance inflow surges amid forex reserve crisis

The current remittance flow far exceeds that of the previous year.

During the first 19 days of March 2024, the country received $1.26 billion in remittances. The substantial year-on-year rise underscores the incre...