2.5% Incentive Announced for Remitted Compensation to Expatriates

Bangladesh Bank will release redesigned banknotes before Eid-ul-Azha 2025, featuring cultural and historical themes instead of full human portraits. The Tk20 note with images of Kantajiu and Buddhist temples will be issued on May 22.

Bangladesh is forming a dedicated fund to manage seized assets from money laundering cases. Recovered money will support affected banks in repaying depositors, while funds from non-banking crimes will aid the poor. BB Governor Ahsan H. Mansur confirmed over Tk 1.3 trillion in immovable assets and US$164 million abroad have been attached.

On Sunday, T-bill yields in Bangladesh showed a mixed trend as banks shifted preference toward longer-tenure securities. The yield on 91-day T-bills rose to 11.65% from 11.54%, while yields on 182-day and 364-day T-bills declined to 11.51% and 11.62%, down from 11.64% each.

Bangladesh saw a 37% year-on-year surge in remittance inflows in April, with migrant workers sending $2.6 billion in the first 29 days, up from $1.9 billion during the same period last year, according to Bangladesh Bank data.

Bangladesh’s foreign exchange reserves have surpassed $22 billion for the first time in several months, driven by a notable rise in remittances and export earnings. According to IMF standards, the reserves reached $22.04 billion

From July to April 29 of FY 2024-25, Bangladesh received $24.39 billion in remittances—already surpassing the total $23.91 billion recorded in the entire FY 2023-24, reflecting a 2% year-on-year growth, according to Bangladesh Bank data.