Dhaka, May 20 -- Bangladesh has received US $1.61 billion in inward remittances during the first 17 days of May, marking a robust flow of foreign currency from expatriate workers, according to a revised update from Bangladesh Bank.

The data shows that remittances during this period averaged $94.70 million per day, significantly higher than the $75.1 million daily average recorded in May 2024.

A breakdown of the remittance sources reveals that $493.3 million came through state-owned banks, while two specialised state-owned (agricultural) banks channelled $159.9 million.

Private commercial banks facilitated $962.7 million of the total, and foreign banks brought in $313.0 million. Among all banks, Islami Bank registered the highest remitt...