Record remittance inflow in FY2025-26

Inbound remittances hit record high of $35.56 billion in the fiscal year ending 30 June, helping prop up foreign exchange reserves amid weak exports.

The inflow was 17.3% higher from the previous fiscal year’s figure, according to the central bank data released Wednesday.

The annual growth in inflow was still weaker than the nearly 26% year-on-year growth achieved in the fiscal year 2024-25.

In June, the inflow hit eight-month low at $2.8 billion, which was also 0.6% lower than the $2.82 billion registered in June 2025.

Furthermore, the monthly remittance inflow fell below the $3 billion-mark after six months.

Expatriates sent $120 million on 30 June, the final day of fiscal year 2025-26. The figure is provisional as 11 commercial banks could not submit their remittance data owing to bank holiday.